Company Limited by Shares (CLS): A Powerful Legal Vehicle for Group Restructuring

By Martin G. Hu [email protected] has come a long way in the provision of viable legal vehicles for group restructurings by multinationals.…

5 minute readMarch 31, 2004 at 11:58 PM

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By Martin G. Hu [email protected]

China has come a long way in the provision of viable legal vehicles for group restructurings by multinationals. The "company limited by shares" (CLS) is the most recent product in the legal evolution of China's corporate structures.

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