Translator：Xiong Yajie

Shengjing Bank Shanghai Branch recently welcomed lawyer Haibo Li and Ling Xia from Landing Law Offices, who gave the bank’s executives and employees an exciting legal lecture on the participation of financial institutions in bankruptcy proceedings.

This lecture aims to deepen the employees of Shengjing Bank Shanghai Branch's understanding of the laws and regulations involved in financial institutions' participation in corporate restructuring and bankruptcy liquidation-related matters and to strengthen risk prevention. During the lecture, lawyers Ling Xia and Haibo Li explained in detail the strategies and processes of corporate reorganization and bankruptcy reorganization, as well as the legal regulations and practical operations of liquidation from both theoretical and practical perspectives. Lawyer Ling Xia pointed out: “The claims of financial institutions for a large proportion of the claims in bankruptcy, and they are of various types and complex composition. They also involve various rights such as mortgages, guarantees, clear shares and actual debts. Therefore, how financial institutions protect their own rights and interests and prevent risks during bankruptcy and reorganization procedures has become a focus and difficulty in practice." At the same time, lawyer Ling Xia also gave a detailed interpretation of liquidation laws and regulations.

This lecture received enthusiastic response within Shengjing Bank Shanghai Branch. After the lecture, the participants expressed that the legal knowledge they learned this time was of great help to their work, enabling them to better understand and deal with legal issues in bankruptcy procedures.

The leader of the Asset Management Department of Shengjing Bank Shanghai Branch said after the lecture: "This lecture is a valuable update and learning of legal knowledge for our internal bank staff. We will continue to seek more opportunities to strengthen cooperation, exchange and learning with professional lawyers and improve our business capabilities and service quality.”

Lawyer Haibo Li from Landi Law Offices finally expressed that he looks forward to more cooperation opportunities between the two parties in the future and jointly provide more creative cases for financial institutions.