Municipalities' stronghold over ChinaCo bankruptcies.

• Autores: Ashley Lee
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 34, Nº. 6 (2/9/2015), 2015
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article highlights a report from global rating agency Fitch Ratings on bankruptcies in China. Topics noted include compromises being made by banks and trade creditors, main priorities of local government to support employment and social stability over bankruptcy regime, bankruptcy petitions filed in the country from 2003-2013, and benefit of restructuring of publicly listed companies to shareholders.