{"product_id":"durability-of-hong-kongs-scheme-based-reorganisation-system-3659343005","title":"Durability of Hong Kong's Scheme-based Reorganisation System","description":"\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 3659343005\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eAuthor:\u003c\/strong\u003e Qu, Charles Zhen\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eCondition:\u003c\/strong\u003e New\u003c\/p\u003e\u003cp\u003eA corporate reorganisation system that ensures optimal development of distressed companies' assets helps promote economic development. In many developed economies, faltering firms are reorganised through a formal corporate reorganisation procedure. The Hong Kong government has recently recommended the enactment of such a procedure on the assumption that the existing corporate and insolvency framework is ill-equipped to restructure failing companies. This book rebuts this assumption through an assessment of the efficiency of the judicially-developed reorganisation system that has emerged as a result of the failure to introduce a formal reorganisation procedure a decade ago. It argues that since an efficient alternative reorganisation system has been locked in for Hong Kong for more than a decade, a purposely-designed reorganisation regime is no longer imperative for this region.\u003c\/p\u003e","brand":"Mia Karts","offers":[{"title":"Default Title","offer_id":51928767201568,"sku":"NEW3659343005","price":78.0,"currency_code":"USD","in_stock":false}],"url":"https:\/\/miakarts.com\/products\/durability-of-hong-kongs-scheme-based-reorganisation-system-3659343005","provider":"Miakarts Books","version":"1.0","type":"link"}