Material adverse change can be key to commercial agreements but has not been clearly defined under Chinese law. A recent Supreme People's Court interpretation has changed that
December 08, 2009
Mergers and Acquisitions
When Sichuan province-based truck manufacturer Tengzhong first revealed its plans to acquire the Hummer brand from General Motors, there was widespread…
November 02, 2009Restructuring of a microfinance company into a rural bank requires a bank promoter.
October 10, 2009Mild behavioural conditions imposed
October 10, 2009Chinese businesses are showing an increasing appetite for offshore assets; but no opportunity comes without risk, and there are many dangers overseas
October 10, 2009Chinese private companies and state-owned enterprises are on the lookout for assets and may provide hope for distressed companies overseas. Target companies should do all they can to help
October 10, 2009China Eximbank financed Sinosteel's successful US$1.3 billion bid for Australian iron ore miner Midwest, which won M&A Deal of the Year at the recent CLP Awards in Shanghai. Beijing-based assistant general manager of the legal affairs department Bao Jingxuan speaks with CLP
October 10, 2009The Anti-monopoly Bureau of the Ministry of Commerce is the most visible of China's antitrust enforcement agencies, and it wants to talk. In an exclusive interview with China Law & Practice, Phil Taylor finds out what Mofcom wants from foreign companies
October 10, 2009The Anti-monopoly Bureau of the Ministry of Commerce is the most visible of China's antitrust enforcement agencies, and it wants to talk. In an exclusive interview with China Law & Practice, Phil Taylor finds out what Mofcom wants from foreign companies
October 09, 2009More scrutiny of banks' M&A activity.
September 04, 2009