In bankruptcy liquidation cases, the court has unclear provisions for declaring debtor bankruptcy. However, the Enterprise Bankruptcy Law prescribes clear legal conditions for the court to declare bankruptcy for reorganization and settlement cases. Simultaneously, the conditions for the declaration of debtor bankruptcy in the 'Minutes of the National Bankruptcy Trial Work Conference of the Supreme…
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M&A transactions involving a concentration of undertakings can be deemed as a monopoly. The Provision on the Review of Concentrations of Undertakings clarifies several definitions and sets a standarised legal basis. Effective from 15 April 2023, the State Administration of Market Regulation issued four Provisions supplementing the Anti-Trust Law of the People’s Republic of China…
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In the digital age, big data is utilised to optimise the business environment and ease doing business in China. Equally, big data is used to assists government departments in investigating enterprises who do not operate accordingly to law. Over the years, several administrative regulations and management rules (‘regulations’) have been adopted to ensure market order.…
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