Best Restructuring & Insolvency Lawyers in Baoding
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List of the best lawyers in Baoding, China
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China Restructuring & Insolvency Legal Questions answered by Lawyers
Browse our 2 legal questions about Restructuring & Insolvency in China and read the lawyer answers, or ask your own questions for free.
- My manufacturing debtor in Guangdong entered court restructuring, how do I file my creditor claim before the deadline?
- We supplied commercial materials to a factory that was recently accepted into bankruptcy reorganization proceedings by the local court. The court-appointed administrator sent a declaration notice specifying a strict thirty-day window for creditors to register outstanding debts. What specific accounting records and contracts do we need to submit so our... Read more →
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Lawyer answer by China Commercial Law Firm | Feifei (Ada) Ren
In a PRC court-supervised restructuring, the key is to submit a complete creditor claim package within the deadline stated in the court/administrator’s notice. You should not rely on accounting records alone; the administrator will normally want documents showing the full...
Read full answer - Our main supplier in Shanghai entered enterprise bankruptcy reorganization, how do we file our creditor claim in time?
- We are a foreign trading company with outstanding prepayments to a manufacturing supplier in Shanghai that recently declared bankruptcy restructuring. The local court appointed a bankruptcy administrator, but we haven't received official notice in English. We need to know the deadline and legal procedure to declare our claims to protect... Read more →
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Lawyer answer by China Commercial Law Firm | Feifei (Ada) Ren
A foreign creditor can file a claim in a PRC bankruptcy reorganization even if the court and administrator have not provided an English-language notice. The important point is to obtain the Chinese court’s acceptance ruling/announcement and the administrator’s creditor notice...
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