The People's Court follows the principle of “the entity from the old one”, accurately determines the general right of recovery in bankruptcy proceedings, and reaffirms the equal protection of the legitimate rights and interests of state-owned enterprises and private enterprises. On December 4, the Supreme People's Court held a press conference to announce 7 typical civil and commercial cases where people's courts protect the legitimate rights and interests of private enterprises equally according to law. Typical cases cover various aspects such as optimizing the financing environment, activating shareholders' limited liability, dealing with issues left over from history, and protecting corporate reputation and credit.

Zhitongcaijing · 1d ago
The People's Court follows the principle of “the entity from the old one”, accurately determines the general right of recovery in bankruptcy proceedings, and reaffirms the equal protection of the legitimate rights and interests of state-owned enterprises and private enterprises. On December 4, the Supreme People's Court held a press conference to announce 7 typical civil and commercial cases where people's courts protect the legitimate rights and interests of private enterprises equally according to law. Typical cases cover various aspects such as optimizing the financing environment, activating shareholders' limited liability, dealing with issues left over from history, and protecting corporate reputation and credit.