Zhongwen has excellent performance and rich experience in company clearing, bankruptcy liquidation, reconciliation, reorganization and other related legal services. We represent the interests of the troubled enterprises, or the creditors of the troubled business in the above procedures, in order to maximize the interests of our clients. As a result of the rich experience of liquidation and bankruptcy management, Zhongwen has been designated as the first batch of bankruptcy administrators by the Beijing Supreme People's Court, and several lawyers were designated as the first batch of personal bankruptcy managers.
Scope of Legal Services includes:
•Accept the designation of the court as the manager of the bankruptcy enterprise or member of the liquidation group of compulsory liquidation, fulfill the responsibilities of bankruptcy manager or liquidation group, accept the commission of the debtor or creditor, develop the programs for compulsory liquidation, bankruptcy liquidation or bankruptcy reorganization and issue related “Letter of Legal Opinions” if necessary.
•Draft and submit materials for compulsory liquidation, bankruptcy liquidation or bankruptcy reorganization, and apply for compulsory liquidation, bankruptcy liquidation or bankruptcy reorganization of enterprises.
•Accept the creditor’s entrustment, write the claim materials, declare the claim to the court, propose objections to confirmed secured claim or unsecured claim and accept the sue of claim confirmation as entrusted.
•Accept the entrustment to chair, participate in or be present at various meetings held by the managers, creditors’ meetings, creditors’ committee and other subjects to express opinions, inquiries or suggestions.
•Accept the entrustment to assist in drafting the “Debtor Property Management Program", “Bankruptcy Property Price Change Program”, “Bankruptcy Property Distribution Plan” or “Restructuring Plan”, “Settlement Agreement Draft”, etc., and issue related “Letter of Legal Opinions” if necessary and provide legal advice on reconciliation, reorganization, liquidation and other aspects for the enterprises.
•Accept the entrustment to be the agent for the insolvency proceedings in liquidation (including but not limited to the right of recourse, revocation, right of set-off, etc.).
Main Representative Performance:
•In 2005, participate in the whole-process administrative liquidation of Huaxia Securities as the special legal adviser entrusted by CITIC Construction Company (State-owned financial capital holdings);
•In 2006, make up “administrative liquidation group of Tianyi Securities Co., Ltd.” and lead the administrative liquidation of Tianyi Securities entrusted by China Securities Regulatory Commission;
•In December 2007, become the bankruptcy manager to be in charge of judicial bankruptcy of Tianyi Securities Co., Ltd. entrusted by the Ningbo Intermediate People's Court of Zhejiang Province;
•In 2007, preside over the liquidation project of China Yanshan Petrochemical Group Beijing Yanshan Petrochemical Company (Yanshan Petrochemical is a subsidiary of China Petrochemical Co., Ltd. and China Petrochemical Group);
•In 2011, become special legal adviser entrusted by the liquidation group of the Northwest Securities;
•In 2011, become the bankruptcy manager of China Huacheng Group Finance Company Limited;
•In 2011, preside over compulsory liquidation of Shanghai Baofeng Alliance Co., Ltd.;
•In 2012, entrusted to be the bankruptcy manager of Zhongke Industrial Group (Holdings) Co., Ltd.;
•In 2013, preside over the dissolution liquidation of CLP Media Technology and Services (Suzhou) Co., Ltd.;
•In 2013, preside over the dissolution liquidation of CLP Integrated Circuit (Beijing) Co., Ltd.;
•In 2014, preside over the compulsory liquidation of Sinochem (Beijing) International Commercial Electric Company (Great Wall Information Co., Ltd. holdings);
•In 2015, preside over the compulsory liquidation of Beijing Shanchuan United Nano Technology Co., Ltd.;
•In 2015, preside over the compulsory liquidation of Beijing Zhongxin Haiye Trading Co., Ltd.;
•In 2015, participate in the bankruptcy reorganization of Weihai Sanjin Shipbuilding Co., Ltd. entrusted as the lawyer of the Industrial and Commercial Bank of China.Weihai Huancui Branch.