Cross-border Insolvency during Covid: Crisis and opportunity
Keywords:
China, covid-19, lawAbstract
The Covid-19 epidemic and associated quarantine measures have caused unprecedented damage to the global economy and many industries have been forced to close. To mention just a few examples: On 2 March, Japan’s Luminous Cruising Co. filed for bankruptcy. Whiting Petroleum followed suit on 1 April. On 11 April, Burger King New Zealand was placed in receivership. No exemptions were made to Virgin Australia, who declared that they are seeking bankruptcy protection on 21 April. Around the world, hotels, restaurants and the entire aviation industry have been crippled.
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Published
2021-08-02
How to Cite
Yi, L., & Kaiyuan, Z. . (2021). Cross-border Insolvency during Covid: Crisis and opportunity. Swiss Chinese Law Review, 1(2). Retrieved from https://ac.sclalawreview.org/index.php/ac/article/view/118
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Section
Features