Recently, Shanghai High People’s Court and Shanghai Judicial Bureau jointly released the Announcement of Shanghai High People’s Court on the Register of Bankruptcy Administrators (2022), which will become effective as of November 28, 2022. Watson & Band was listed among the register of primary bankruptcy administrators again by Shanghai High People’s Court by virtue of its constant high quality services, outstanding business achievements and good reputation in bankruptcy field. This is the second time for Watson & Band to be listed in the register of primary bankruptcy administrators after being listed in the same register in 2014 and in the register of the first batch of bankruptcy administrators of Shanghai High People’s Court in 2007. Meanwhile, Mr. Xiaosu Zhu was selected into the register of the first batch of natural person administrators.

The bankruptcy team of Watson & Band led by partner Zhu consists of 26 lawyers specialized in bankruptcy and liquidation issues, many of whom are members of Bankruptcy Committees of Shanghai Bar Association and Shanghai Association of Bankruptcy Administrator and qualified as financial and tax accountants. So far the team has handled nearly 150 enterprise bankruptcy and compulsory liquidation cases designated by the court, including many typical and influential cases. With its outstanding performance and strong expertise, Watson & Band used to be selected as Chinese Insolvency & Restructuring Law Firm of the Year by ALB and recognized as a “China Top Law Firm” in insolvency, restructuring and liquidation by LEGALBAND for consecutive years.