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China Legal Trends

China Legal Trends

Sat, 03 Jul 2021 China Legal Trends CJO Staff Contributors Team

The Mainland-HKSAR mechanism for mutual recognition and assistance in bankruptcy proceedings has been established, after the SPC issuing the "Record of Meeting on Mutual Recognition of and Assistance to Bankruptcy Proceedings between the Courts of the Mainland and of the Hong Kong Special Administrative Region" and the "Opinions of the Supreme People's Court on Carrying out the Pilot Program for Recognizing and Assisting the Hong Kong Special Administrative Region in Bankruptcy Proceedings".