New bankruptcy law faces severe test

Lack of confidence will lead to alternative methods of resolution

4 minute readDecember 18, 2008 at 11:58 PM

clpstaff

& clp articles

The Enterprise Bankruptcy Law (中华人民共和国企业破产法) (EBL) is being tested, and will come under more pressure in 2009. This will lead to more companies adopting consensual methods to deal with their problems.

The EBL was

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