An Introduction to Chinese Cross-Border Restructuring and Insolvencies

In this episode of the International Insolvency Institute’s Global Perspectives podcast, we went back to the basics on cross-border restructuring and insolvency frameworks in mainland China. Practitioners Wang Lingqi (Fangda Partners), Veronica Chan (Tanner de Witt), and Assistant Professor Guo Shuai (China University of Political Science and Law) give us a quick lesson on the types of insolvency proceedings that apply to companies in China, before going into what the considerations of the Chinese courts usually are in granting recognition of foreign proceedings, the cases that have gone through the Chinese Mainland – Hong Kong cooperation mechanism for cross-border insolvency. We look at what opportunities there may be for work coming out of China, and our speakers share a tip or two on working on Chinese cross-border insolvencies.