■ Bankruptcy & Compulsory Liquidation

Jin Mao Law Firm has been on the roster of approved bankruptcy administrators by Shanghai Higher People's Court since 2015. Now we have formed a professional bankruptcy and restructuring team, consisting of nearly 30 experienced partners. The team has explored and established a case handling system involving the diversion of complexity and simplicity by grouping and integrating. The team diligently performs the duties of the court-appointed bankruptcy administrator, safeguards the legitimate rights and interests of creditors and debtors, and is committed to saving  enterprise at the brink of bankruptcy from reorganization, reconciliation and liquidation exit..

Jin Mao Law Firm attaches great importance to deep cultivating and exploiting the business of bankruptcy and restructuring. Our lawyers focus on relatively independent and self-contained business modules, including but not limited to debt restructuring, bankruptcy reorganization, bankruptcy reconciliation, bankruptcy liquidation, corporate dissolution and liquidation, non-performing asset investment, risk disposal of financial institutions, and have accumulated rich experience in related business fields. We maintain good communication with audit agencies, evaluation agencies, auction agencies, assets exchange institutions, asset management agencies, banks, securities companies, public media as well as government and public administration departments including notary office, tax department, market supervision and administration department, so that we can provide integrated solutions and systematic service support for enterprise related problems.

■ Disposal of Non-performing Assets

Non-performing asset recovery is one of the important practices of Jin Mao. With years of business practice, Jin Mao has accumulated extensive professional experience, human resources and social resources in this area. The lawyers of Jin Mao are well versed in the process of disposal of non-performing assets of banks, have long-term cooperation background with banks, AMCs, property rights trading institutions, fund companies and PE institutions, maintain good working contacts with court enforcement agencies, have good cooperation with non-performing asset recovery agencies, and have rich practical experience in debt restructuring and mergers and acquisitions of enterprises.

Over the years, Jin Mao has undertaken a large number of litigation and enforcement cases and has accumulated extensive experience and deep social resources in this field. Many domestic financial institutions have become clients of Jin Mao. The litigation and enforcement cases undertaken by Jin Mao have achieved good results and saved huge losses for the clients.

Jin Mao is not only well-versed in litigation and enforcement business, but also has senior experience and strength in non-litigation business in the field of non-performing assets. In terms of non-litigation business, Jin Mao has undertaken projects such as packaged sale projects for asset management companies, due diligence projects for asset management companies to receive non-performing assets, and due diligence projects for buyers of divested non-performing assets of state-owned commercial banks, and has accumulated extensive experience.

In addition to the general disposal of non-performing assets, the problem of surviving assets of large-scale state-owned enterprises in China is a rather special problem in reality. In the process of restructuring and listing, these enterprises have retained a lot of investment projects and self-run enterprises, which have uneven benefits, may have certain value, but also contain great risks, and are generally referred to as "surviving assets". Surviving assets are special and complex in terms of their formation, status, current value and legal risks. How to realize the reorganization of these assets in the course of the operation of the enterprise taking over these assets becomes an important issue in relation to the benefits and risks of the enterprise. The purpose of reorganization is to realize the value of projects as far as possible and close down enterprises that do not generate benefits, while at the same time isolating legal risks through targeted arrangements. Jin Mao lawyers have provided special legal services for many large state-owned financial enterprises in the area of reorganization of surviving assets and have unparalleled advantages in terms of both service performance and experience.