The long-awaited amended Company Law (New Company Law) was enacted on 29 December 2023, effective from 1 July 2024. The new amendments are arguably the most significant since China established its ...

The new company law provides a five-year-maximum capital contribution time limit that aims to enforce actual capital contributions and to protect the interests of creditors. A subsequent draft ...

Law firms use a wide range of capital requirements, according to industry observers and Am Law survey responses. Some firms required capital contributions of more than half new equity partners' ...

"Too many partners assume their capital will be returned quickly and in a lump sum, only to discover offsets or delays they hadn’t anticipated," says Tina Solis of Nixon Peabody in a conversation with ...