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Practices news

Hangzhou Huarun Industry Co., Ltd.'s Bankruptcy Restructuring Plan Has Been Approved
2018-07-26

    On June 12th, 2018, Hangzhou Gongshu District People's Court approved the restructuring plan of Hangzhou Huarun Industry Co., Ltd (aka Huarun Industry). The plan has now been put into action. 

    In May 2017, High Mark Law Firm acted to manage Huarun Industry's bankruptcy liquidation. With advantages in resource and organization, High Mark put together a team of extraordinary lawyers who are experienced in debt restructuring, debt bearing purchase and bankruptcy restructuring to execute the case according to The Enterprise Bankruptcy Law of the People's Republic of China. In September, High Mark launched the first meeting of creditors of Huarun Industry's bankruptcy liquidation and completed all discussed proposals.
 
    In executing the case, High Mark lawyers hold the idea of "credibility, communication, efficiency, security" as the highest principle and strive to provide the best legal service.