McDermott Will & Schulte, a global law firm

Peter Lu, partner and global head of the Firm’s China practice, authored an article that was published in Global Turnaround. The article examines the key substantive changes introduced by the draft, analysing the economic and policy drivers underpinning the reform, and considering the potential implications for debtors and creditors operating in, or otherwise engaging with, the Chinese market.

This article first appeared in the February issue of Global Turnaround. Global Turnaround is the leading source of market intelligence for the restructuring and bankruptcy industry and is read in over 70 countries. To find out more, go to www.globalturnaround.com/