Use It For
Use this when students ask whether duties shift as a company approaches insolvency.
Teaching Notes
It helps bridge director-duty analysis and liquidation-liability cases such as Guiding Case No. 9.
literature Mainland China English original
Evolutionary Traditions and Corporate Law: The Effectiveness and Development of Liquidation Duty in China
Analysis of liquidation duties in Chinese corporate law, including creditor-regarding duties, insider moral hazard, and reform options for distressed companies.