Recently, Guangdong Chenggong Law Firm has achieved successive important results in the field of bankruptcy legal services. The debtor solvency assessment case for personal bankruptcy undertaken by our firm, which belongs to the first batch of such cases nationwide, has been successfully selected as one of the National Classic Bankruptcy Cases of 2025. Our firm was invited to attend the forum on administrative management of bankruptcy affairs in Shenzhen, and Lawyer Qiu Wenwei delivered a special sharing on this benchmark case on behalf of the firm.
The selection of "National Classic Bankruptcy Cases of 2025" was jointly initiated by the editorial departments of authoritative legal journals including Political Science and Law Forum and Journal of Law Application, together with multiple academic institutions and university research centers. It is a highly professional and authoritative case selection event in the national bankruptcy field.
After multiple rounds of rigorous review, the selection results were officially released on April 26, 2026, and the first batch of national personal bankruptcy debtor solvency assessment cases handled by our firm was successfully selected.
On May 29, 2026, marking the fifth anniversary of the implementation of the Shenzhen Special Economic Zone Personal Bankruptcy Regulations, the Shenzhen Municipal Bureau of Justice and the Shenzhen Municipal Bankruptcy Administration held a forum on the administrative management of bankruptcy affairs at the Futian District Public Legal Service Center. The forum gathered representatives from competent authorities at all levels, judicial organs, industry experts and other parties. Participants conducted in-depth discussions on the practical outcomes, institutional optimization and practical difficulties arising from five years of implementation of the personal bankruptcy system, summarized the pilot experience of the special economic zone, and planned directions for subsequent improvement.
Lawyer Qiu Wenwei, a member of the personal bankruptcy team of Guangdong Chenggong Law Firm, was appointed by the firm and invited to the forum as a representative of personal bankruptcy administrators, and shared typical cases during the special exchange session. At the meeting, Lawyer Qiu Wenwei gave an introduction focusing on the first debtor solvency assessment case—the joint personal bankruptcy reorganization case of Mr. and Mrs. Chen, and reviewed the entire case handling process in detail. As one of the first batch of national personal bankruptcy debtor solvency assessment cases, this case took the lead in establishing a solvency assessment mechanism for personal bankruptcy debtors, filling institutional gaps and forming a national model case. It addresses obstacles in advancing personal bankruptcy procedures, provides a path for economic rehabilitation for honest yet unfortunate debtors, and offers a local pilot reference for national personal bankruptcy legislation.
As a Class II enterprise bankruptcy administrator in Guangdong Province, the Bankruptcy Law Professional Committee of Guangdong Chenggong Law Firm has been successfully included in the bankruptcy administrator rosters of the Guangdong High People’s Court and Shenzhen Intermediate People’s Court, having handled more than one hundred enterprise bankruptcy reorganization and liquidation cases in total. The team regularly acts as bankruptcy administrators and liquidation team members for various bankruptcy and compulsory liquidation cases, and has won unanimous recognition from judicial authorities and all parties concerned through refined legal services.
For a long time, Chenggong Law Firm has been deeply engaged in personal bankruptcy legal services in Shenzhen and participated extensively in the pilot construction of the special economic zone’s bankruptcy system. Moving forward, the firm will continue to summarize case-handling experience and conduct in-depth professional research, actively support the implementation of Shenzhen’s bankruptcy reform initiatives, and contribute to the development of a law-based business environment in Shenzhen through professional legal services.
Brief Introduction to Professional Committee
The Bankruptcy Law Professional Committee of Guangdong Chenggong Law Firm consists of a team of professionals specializing in bankruptcy and reorganization practices. It has been successively shortlisted in the bankruptcy administrator rosters of the Shenzhen Intermediate People's Court and the Guangdong High People's Court. The committee has served as bankruptcy administrators and liquidation teams in numerous bankruptcy and compulsory liquidation cases, handling over 100 enterprise bankruptcy reorganization and liquidation matters. It delivers efficient and high-quality legal services to debtors and creditors, and many classic cases undertaken by the committee have gained recognition from judicial authorities and parties concerned.
Scope of Services:
1. Represent creditors, debtors and other parties in filing applications with people's courts for bankruptcy reorganization, liquidation or compromise of debtors.
2. Provide guidance for companies to conduct self-liquidation.
3. Act as agents for debtors, creditors or reorganization investors to participate in enterprise reorganization, compromise and bankruptcy procedures.
4. Handle derivative litigation arising from bankruptcy cases.
5. Conduct preliminary due diligence for bankruptcy and reorganization cases.
6. Diagnose and screen distressed enterprises, formulate pre-reorganization plans, and conduct a series of negotiations with reorganization investors, creditors and other parties as interim administrators.
7. Promote personal bankruptcy services, provide legal consultation for debtors in financial distress and formulate personal bankruptcy solutions.
8. Other businesses related to bankruptcy and restructuring.
