Post by niseag on Aug 16, 2011 4:59:53 GMT 4
Piercing the Corporate Veil in China: How Did We Get There?
Chao Xi
Chinese University of Hong Kong (CUHK) - Faculty of Law
Journal of Business Law, No. 5, p. 413, 2011
Abstract:
This article examines the development of the doctrine of piercing the corporate veil in China, which culminated in the codification of the doctrine in China’s 2005 revised Company Law. It argues that the statutory veil-piercing provision, characterized by vagueness and abstraction, is in part a product of political compromise in China’s legislative process.
Chao Xi
Chinese University of Hong Kong (CUHK) - Faculty of Law
Journal of Business Law, No. 5, p. 413, 2011
Abstract:
This article examines the development of the doctrine of piercing the corporate veil in China, which culminated in the codification of the doctrine in China’s 2005 revised Company Law. It argues that the statutory veil-piercing provision, characterized by vagueness and abstraction, is in part a product of political compromise in China’s legislative process.
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