The Role of the Administrator under the PRC Enterprise Bankruptcy Law

The new law should give investors more certainty with regarding the possibility of recovery for their capital invested.

11 minute readOctober 02, 2007 at 12:58 AM

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According to the World Bank (2006), resolving bankruptcies in China takes approximately 2.4 years with costs equal to 22 percent of the estate¡¯s value and a recovery rate of 31.5

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