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 orde...

The corporation is a great institutional innovation in the history of human business development. The limited liability of shareholders under the modern company system has greatly released the enthusiasm and enthusiasm of social investment, and promoted the development of social economy. At present, the company is already the main form of enterprise organization in our market economy. Under the shareholder limited liability company system, the amount of registered capital of the company to determine how appropriate? The scale of registered capital of a company is affected by many factors, such as the operating cash flow demand of an enterprise, the ability of shareholders to invest, and so on. From the perspective of operation and law, the size of the company's registered capital is not the more the better, nor the less the better. Article 3 of the Company Law of China stipulat...

The intellectual property and data compliance team of Shanghai Guohillhouse Law Firm, as a professional platform for legal research and legal services in the field of digital economy, continues to follow up the legislative developments in the field of digital economy, and provides government consultation and professional advice for legislation in the field of digital economy. The team will comprehensively compile the basic laws and regulations, departmental rules and regulatory documents in the field of digital economy, sort out the legal framework in the field of digital data security, personal information protection and other fields, and pay attention to the important data types in key areas (smart cars, Internet enterprises), data security assessment, data cross-border movement and other hot issues. To help enterprise customers build a comprehensive understanding of the digita...

各行业、领域以及各不同的业态将适用相应于其行业特征的隐私政策，以达到数据合规的目的。2021年年底，上海国瓴律师事务所数据合规与知识产权团队整理汇编《“互联网+”企业隐私政策汇编》文本，这是本专业研究团队聚焦数字经济高速发展中根本的法律问题，通过深度的行业调研所作。其中，包含了智慧汽车、泛电商平台、游戏领域、支付手段、金融、银行等风口行业与传统行业的代表隐私政策文本，希望能够帮助各行业企业客户完成这一数据合规的根本性、基本性的事项，以应对数字经济浪潮的挑战。

Capital is the booster of enterprise development. In order to solve the capital needs, although enterprises can precipitate cash flow through operations, their own funds are often a drop in the bucket, and external financing has become one of the important ways for enterprises to obtain funds. According to the different financing tools, the external financing of enterprises can be divided into debt financing and equity financing. Debt financing refers to the funds needed for enterprise development through borrowing from financial institutions, enterprises or individuals. Debt financing does not dilute the company's equity, and creditors do not participate in the company's operation and dividends, but it will increase the company's liabilities, and the principal and interest must be returned after maturity. Compared with debt financing, equity financing introduces new shareholders i...

The company is a great institutional innovation in the history of human development. The limited liability system of shareholders of the company system, to a large extent, dispels investors' concerns, reduces investment risks, and greatly releases the enthusiasm and enthusiasm of social investment. The wealth of Western societies has grown rapidly in just a few hundred years, and the "limited liability system" of corporate shareholders has played a great role in promoting it. At present, the company is already the main enterprise type in the market economy of our country. Article 3 of the Company Law of China stipulates: "The shareholders of a limited liability company shall be liable to the company within the limit of the amount of capital contribution they have subscribed to; The shareholders of a joint stock limited company shall be liable to the company to the extent of th...