Bankruptcy Law

Author: Han Changyin, Editor-in-Chief
Publisher:
Publish Date: 2007-03-01
Features: On December 2, 1986, the 18th session of the Standing Committee of the Sixth National People's Congress passed China's first national unified bankruptcy law—the "Enterprise Bankruptcy Law of the People's Republic of China (Trial Implementation)." This is undoubtedly a significant event in the history of China's legislation. From then on, words like "bankruptcy" and "unemployment" entered our daily lives. For enterprises, when facing the possibility of "bankruptcy," they gained a fair and orderly procedure to exit the market. This book, written from the perspective of an academic monograph, grasps the content that a textbook should include. It reflects the taste of an academic monograph while being distinct from it to highlight the systematic characteristics of a textbook. It balances the training of theoretical literacy as a degree course while focusing on the comprehensive teaching of knowledge points and principles. In terms of the relationship between domestic and foreign legislative content, it is based on domestic law while appropriately incorporating relevant principles and systems of foreign law.

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