China finished its annual legislative meetings of the Chinese People Political Consultative Conference (CPPCC) and the National People’s Congress (‘NPC’) in Beijing – commonly referred to as the Two Sessions (Liǎng huì). The Two Sessions is an insight into the overarching economic and political direction.With the current geopolitical tensions between China and the West and…
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The corporate veil or the corporate personality is a legal term refers to the separation of the corporate entity from the shareholder in a litigation. When shareholders' liabilities in China become personal. In such case, the court usually renders the shareholder personally liable for the debts, negligence, or mismanagement of the business, and personal assets…
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In its most recent newsletter, CONSULEGIS International Litigation & Arbitration Specialist Group presented an abbreviated overview of multiple jurisdictions’ legal views on when, based on company law, is a director is personally liable for their actions. Among the contributors to writing on the topic are five legal advisors from Horizons addressing Indonesia, Mongolia, Korea (DPRK), Russia and…
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