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Case Study on the Insolvency Reorganization of Group X

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DOI: 10.23977/law.2024.030302 | Downloads: 2 | Views: 100


Wang Yushan 1


1 Law School, Xinjiang University of Finance and Economics, Urumqi, Xinjiang Uygur Autonomous Region, 830012, China

Corresponding Author

Wang Yushan


Bankruptcy reorganization system as a new attempt in the field of bankruptcy law has helped many enterprises to obtain regeneration. According to the current bankruptcy legal system and judicial practice, bankruptcy reorganization is distinguished into three different modes, namely, survival type, liquidation type and sale type, and the majority of the domestic reorganization practice has adopted the survival type reorganization system which retains the original enterprise shell. However, with the maturity of practice and theory, the sale type reorganization system, which does not stick to the form of retaining the shell of the original debtor's enterprise but focuses on saving the business of the insolvent enterprise in substance, has been gradually recognized. x Group's own situation is complicated, and the overall difficulty of insolvency reorganization is large, so the Group bases itself on the connection between the enterprises as well as the business situation, balances the interests of creditors of all parties, determines the optimal reorganization mode, delimits the precise scope of reorganization, and designs a well-thought-out reorganization model. The Group's complex situation, based on the connection with each enterprise and its business situation, balanced the interests of all creditors, determined the optimal reorganization model, delineated the precise scope of reorganization, designed a detailed plan, and carried out a standardized implementation so as to revitalize the Group, which is of great significance to the model of bankruptcy reorganization of large enterprises.


Restructuring model, Group X, insolvency


Wang Yushan, Case Study on the Insolvency Reorganization of Group X. Science of Law Journal (2024) Vol. 3: 9-15. DOI: 10.23977/law.2024.030302.


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