Pub Date : 1900-01-01DOI: 10.5040/9781509932474.ch-007
{"title":"The Second Constraint – Reduced Recoveries under the EBL","authors":"","doi":"10.5040/9781509932474.ch-007","DOIUrl":"https://doi.org/10.5040/9781509932474.ch-007","url":null,"abstract":"","PeriodicalId":430039,"journal":{"name":"Corporate Bankruptcy Law in China","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125638437","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.5040/9781509932474.ch-003
{"title":"Debt Finance and Enforcement in China","authors":"","doi":"10.5040/9781509932474.ch-003","DOIUrl":"https://doi.org/10.5040/9781509932474.ch-003","url":null,"abstract":"","PeriodicalId":430039,"journal":{"name":"Corporate Bankruptcy Law in China","volume":"26 2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132900570","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.5040/9781509932474.ch-013
{"title":"The Role of Foreign Parties in Corporate Bankruptcy Cases in China","authors":"","doi":"10.5040/9781509932474.ch-013","DOIUrl":"https://doi.org/10.5040/9781509932474.ch-013","url":null,"abstract":"","PeriodicalId":430039,"journal":{"name":"Corporate Bankruptcy Law in China","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125584674","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.5040/9781509932474.pt-003
{"title":"Desirability and Options for Reform","authors":"","doi":"10.5040/9781509932474.pt-003","DOIUrl":"https://doi.org/10.5040/9781509932474.pt-003","url":null,"abstract":"","PeriodicalId":430039,"journal":{"name":"Corporate Bankruptcy Law in China","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130912564","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.5040/9781509932474.ch-006
{"title":"The First Constraint – Creditors and Debtors Feel Insufficiently Protected under the EBL","authors":"","doi":"10.5040/9781509932474.ch-006","DOIUrl":"https://doi.org/10.5040/9781509932474.ch-006","url":null,"abstract":"","PeriodicalId":430039,"journal":{"name":"Corporate Bankruptcy Law in China","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115573887","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.5040/9781509932474.ch-005
{"title":"Limited Use of the Enterprise Bankruptcy Law 2006 and its Causes","authors":"","doi":"10.5040/9781509932474.ch-005","DOIUrl":"https://doi.org/10.5040/9781509932474.ch-005","url":null,"abstract":"","PeriodicalId":430039,"journal":{"name":"Corporate Bankruptcy Law in China","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116055933","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.5040/9781509932474.ch-012
{"title":"Recent Reform Initiatives 2015–20","authors":"","doi":"10.5040/9781509932474.ch-012","DOIUrl":"https://doi.org/10.5040/9781509932474.ch-012","url":null,"abstract":"","PeriodicalId":430039,"journal":{"name":"Corporate Bankruptcy Law in China","volume":"61 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124975329","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.5040/9781509932474.ch-011
Nicole Kaeding
{"title":"Options for Reform","authors":"Nicole Kaeding","doi":"10.5040/9781509932474.ch-011","DOIUrl":"https://doi.org/10.5040/9781509932474.ch-011","url":null,"abstract":"","PeriodicalId":430039,"journal":{"name":"Corporate Bankruptcy Law in China","volume":"304 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132271922","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.5040/9781509932474.ch-008
{"title":"The Third Constraint – Limitations and Biases of EBL Enforcers","authors":"","doi":"10.5040/9781509932474.ch-008","DOIUrl":"https://doi.org/10.5040/9781509932474.ch-008","url":null,"abstract":"","PeriodicalId":430039,"journal":{"name":"Corporate Bankruptcy Law in China","volume":"110 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115750883","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.5040/9781509932474.ch-004
This thesis focuses on the Enterprise Bankruptcy Law of the People’s Republic of China (Trial Implementation) (the “1986 Bankruptcy Law”), its textual stipulations, its instrumental application and under-utilization, and concludes with suggestions for future reforms. This thesis starts with a brief review over China’s economic reform since the 1980s. Following the successful agricultural reform in the countryside, China started a new round of more dramatic reform in the public industrial sector beginning in 1984. As the reform progresses, bankruptcy came to the forefront as the state hoped it would force the SOEs either to improve their management or face the specter of bankruptcy. The reality shows, however, that the law has not achieved its proposed goals. Empirical research reveals that government has applied it selectively rather than automatically. The recent Guangdong International Trust and Investment Company (“GITIC”) bankruptcy case shows how the law is being used by the central government to recentralize the country’s financial control. Empirical study also reveals that the law is also being selectively used to help the government restructure the country’s industrial structure. The reasons behind this failure of application include both technical impediments inherent to law (such as the defects in commencement proceedings, loopholes in the
{"title":"Bankruptcy Law in China","authors":"","doi":"10.5040/9781509932474.ch-004","DOIUrl":"https://doi.org/10.5040/9781509932474.ch-004","url":null,"abstract":"This thesis focuses on the Enterprise Bankruptcy Law of the People’s Republic of China (Trial Implementation) (the “1986 Bankruptcy Law”), its textual stipulations, its instrumental application and under-utilization, and concludes with suggestions for future reforms. This thesis starts with a brief review over China’s economic reform since the 1980s. Following the successful agricultural reform in the countryside, China started a new round of more dramatic reform in the public industrial sector beginning in 1984. As the reform progresses, bankruptcy came to the forefront as the state hoped it would force the SOEs either to improve their management or face the specter of bankruptcy. The reality shows, however, that the law has not achieved its proposed goals. Empirical research reveals that government has applied it selectively rather than automatically. The recent Guangdong International Trust and Investment Company (“GITIC”) bankruptcy case shows how the law is being used by the central government to recentralize the country’s financial control. Empirical study also reveals that the law is also being selectively used to help the government restructure the country’s industrial structure. The reasons behind this failure of application include both technical impediments inherent to law (such as the defects in commencement proceedings, loopholes in the","PeriodicalId":430039,"journal":{"name":"Corporate Bankruptcy Law in China","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122234084","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}