{"product_id":"durability-of-hong-kongs-scheme-based-reorganisation-system-von-charles-zhen-qu","title":"Durability of Hong Kong's Scheme-based Reorganisation System","description":"\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\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783659343001\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783659343001","offer_id":39485312335965,"sku":"9783659343001","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/c3bb4ccd-a218-4b7c-a067-b17110300056.jpg?v=1776054942","url":"https:\/\/shop.autorenwelt.de\/products\/durability-of-hong-kongs-scheme-based-reorganisation-system-von-charles-zhen-qu","provider":"Autorenwelt Shop","version":"1.0","type":"link"}