Chambers and Partners, the world's leading legal directory, recently published Insolvency 2025, part of its Global Practice Guides series. Han Kun contributed the China chapter of the guide by authoring the Trends and Developments section. The contributors include Wenle Du, Yao Zhang, Lei Zhu, and Yadan Pang.
The Trends and Development section of the China chapter highlights the ongoing inaugural amendment of the Enterprise Bankruptcy Law and details the key provisions of the Revision Draft released for public comment by the National People's Congress in September 2025. The Revision Draft encompasses twelve core areas, including bankruptcy coordination mechanisms, the application and acceptance process, the administrator, bankruptcy for small and micro enterprises, financial institutions, and listed companies, as well as consolidated bankruptcy and cross-border bankruptcy cooperation. This overview enables practitioners to quickly gain insights into the comprehensive reforms of the bankruptcy system and to understand how these changes support the revitalization of market entities.
Han Kun has a bankruptcy and restructuring practice with extensive experience and deep expertise in complex bankruptcy and restructuring cases involving listed companies, large enterprise groups, and real estate companies. The team demonstrates exceptional expertise in conducting comprehensive analysis of transaction frameworks, pivotal disputes, and procedural requirements inherent in bankruptcy and restructuring matters. It maintains a precise understanding of the core objectives and requirements of all relevant parties, including debtors, shareholders, creditors, investors, and regulatory authorities. Several of the team's landmark bankruptcy cases have been recognized among the "National Courts' Top Ten Commercial Cases" and featured in local courts' typical cases. Han Kun is a fully integrated law firm with a national presence, enabling the firm to provide comprehensive services that effectively address clients' diverse needs in bankruptcy and restructuring matters.
