ShangPharma Announces Strategic Corporate Restructuring of … – PR Newswire (press release)

Currently, Shanghai ChemPartner’s intention is to enter the capital market in China, mainly through a merger approach. By listing on either the Shanghai or Shenzhen stock exchange, ChemPartner seeks to leverage the capital market in China. Similar strategies have been adopted by several industry leaders. “ShangPharma is committed to the best interests of our employees,…

Draft law to reform insolvency procedures: group-wide pre-bankruptcy agreements – International Law Office (registration)

Introduction Group-wide pre-bankruptcy agreements Rordorf Commission draft proposal Comment Introduction The Rordorf Commission was established by the minister of justice on January 28 2015, with the aim of developing draft legislation to reform the existing Insolvency Act.(1) On February 10 2016 the commission finalised its draft legislation and recommended a new approach to safeguard financially…