New Cross-Border Restructuring Tools: The Cross-Border Insolvency Cooperation Arrangement between Mainland China and Hong Kong

Episode Description: In May 2021, a new cooperation arrangement for mutual recognition of, and assistance to, cross-border corporate insolvency and debt restructuring proceedings was reached between the Supreme People’s Court of the People’s Republic of China and the Government of the Hong Kong Special Administrative Region.  On this episode of Global Perspectives, Shuai Guo, Assistant Professor of Law at China University of Political Science and Law interviews Ming Dong of JuneHe in Shanghai and Look-Chan Hoof Des Voeux Chambers in Hong Kong concerning the cooperation agreement and recent recognition decisions.