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The Evolution of Chinese Bankruptcy Law
from 1980s to Present
featuring
Professor Charles D. Booth
Michael J. Marks Distinguished Professor of Business Law
Director, Institute of Asian-Pacific Business Law
William S. Richardson School of Law
University of Hawai‘i at Mānoa
Speaker's summary:
Professor Booth will discuss the evolution of the Chinese bankruptcy law over the last four decades, from the enactment of the PRC Enterprise Bankruptcy Law in 1986 to the promulgation of the new Enterprise Bankruptcy Law in 2007 and the establishment of new bankruptcy courts in 2016-17. He will explore the ongoing saga of the collapse of the Chinese real estate market and explain why the China Evergrande Group, which defaulted on its debt in late 2021, has not yet been subjected to bankruptcy proceedings in the Chinese mainland.
Speaker's Bio:
Professor Charles D. Booth is the Michael J. Marks Distinguished Professor in Business Law and Director of the Institute of Asian-Pacific Business Law at the William S. Richardson School of Law University of Hawai‘i at Mānoa.
Professor Booth’s primary research interests are comparative and cross-border insolvency and commercial law, with a focus on Hong Kong and China and the development of insolvency and commercial law infrastructures in Asia. He has authored/co-authored more than 70 publications including co-authoring A Global View of Business Insolvency Systems (2010; republished in Chinese, 2018).
He has served as a consultant on insolvency and commercial law reform and training projects for the World Bank, the Asian Development Bank, the IMF, the EBRD, and the OECD. Recently, he has participated in World Bank projects contributing to a new insolvency law in the Lao PDR Law and a draft insolvency law in Bhutan. He has also co-designed and co-delivered training courses for insolvency judges and insolvency administrators in Laos, Cambodia and Beijing (the first such training of its kind in China).
Professor Booth holds a BA from Yale University and a JD from Harvard Law School.
The views expressed are those of the speaker and do not necessarily reflect East-West Center policies or positions.
The Evolution of Chinese Bankruptcy Law
from 1980s to Present
featuring
Professor Charles D. Booth
Michael J. Marks Distinguished Professor of Business Law
Director, Institute of Asian-Pacific Business Law
William S. Richardson School of Law
University of Hawai‘i at Mānoa
Speaker's summary:
Professor Booth will discuss the evolution of the Chinese bankruptcy law over the last four decades, from the enactment of the PRC Enterprise Bankruptcy Law in 1986 to the promulgation of the new Enterprise Bankruptcy Law in 2007 and the establishment of new bankruptcy courts in 2016-17. He will explore the ongoing saga of the collapse of the Chinese real estate market and explain why the China Evergrande Group, which defaulted on its debt in late 2021, has not yet been subjected to bankruptcy proceedings in the Chinese mainland.
Speaker's Bio:
Professor Charles D. Booth is the Michael J. Marks Distinguished Professor in Business Law and Director of the Institute of Asian-Pacific Business Law at the William S. Richardson School of Law University of Hawai‘i at Mānoa.
Professor Booth’s primary research interests are comparative and cross-border insolvency and commercial law, with a focus on Hong Kong and China and the development of insolvency and commercial law infrastructures in Asia. He has authored/co-authored more than 70 publications including co-authoring A Global View of Business Insolvency Systems (2010; republished in Chinese, 2018).
He has served as a consultant on insolvency and commercial law reform and training projects for the World Bank, the Asian Development Bank, the IMF, the EBRD, and the OECD. Recently, he has participated in World Bank projects contributing to a new insolvency law in the Lao PDR Law and a draft insolvency law in Bhutan. He has also co-designed and co-delivered training courses for insolvency judges and insolvency administrators in Laos, Cambodia and Beijing (the first such training of its kind in China).
Professor Booth holds a BA from Yale University and a JD from Harvard Law School.
The views expressed are those of the speaker and do not necessarily reflect East-West Center policies or positions.
China Seminars
The China Seminar was established by Dr. Daniel W.Y. Kwok in 1977. Under his guidance, it became a signature program of the Friends of the East-West Center (FEWC) in 2009. The program provides an informal venue for China experts, such as scholars, diplomats, and journalists, to present talks on aspects of China that interest the community and members of the Friends.
