Commercial entities may be unable to exit the market due to debt crisis and other reasons, and it is difficult to smoothly enter the reconciliation or reorganization process. In order to maintain the normal order of social and economic activities and commercial transactions, China's law stipulates relevant bankruptcy systems and policies, so that commercial entities in debt crisis can choose to realize market exit by bankruptcy liquidation, pay off debts by bankruptcy settlement or get rid of business difficulties by reorganization under the condition of complying with relevant laws, regulations and policies. So as to better balance the interests of all parties and social benefits.

The non-performing assets disposal and bankruptcy rescue team of Hillhouse Law Firm gives full play to its professional advantages and practical experience in the field of bankruptcy business. In order to meet more legal service needs of clients and efficiently solve difficult problems in bankruptcy legal practice, the team has compiled laws, regulations and judicial interpretation documents related to bankruptcy of domestic commercial entities. Collected and carefully compiled the domestic bankruptcy liquidation, reconciliation, pre-reorganization and reorganization system, including the latest laws and regulations, judicial interpretations, policy documents and practical process information.