On November 26,2018,the Beijing Higher People's Court issued the"Announcement on the Preparation of the Register of Institutional Administrators in Enterprise Bankruptcy Cases",starting to prepare the second batch of intermediary institutions engaged in bankruptcy liquidation cases.The preparation of the first list of bankruptcy administrators by the Beijing High Court was conducted after the implementation of the bankruptcy law in 2007.Over a decade has passed,and we,Gaopeng Office,are members of the first list of bankruptcy administrators approved by the Beijing High Court.The first group of managers'institutions were identified in the same year as 100 institutions,60 law firms,40 liquidation and accounting firms.After more than ten years of development,significant changes have taken place in the bankruptcy business and the bankruptcy administrator organization.Many original institutions have been cleared out of their member lists for various reasons and cannot engage in this type of business anymore.Many new institutions have requested to join in.Therefore,the Beijing High Court has initiated a new screening process for institutional administrators in corporate bankruptcy cases.

The conditions for this screening are stricter than ten years ago.Firstly,there are more and more legal,accounting,and liquidation firms in the city after more than a decade of development;The second is the sudden growth of bankruptcy liquidation business in recent years.Many firms that have not been engaged in this business have joined in the competition.Therefore,the difficulty of this application review has increased,which is a significant test for various institutions to become the new administrator of enterprise bankruptcy cases.

More than 100 institutions have been selected for registration this time,and each institution is required to submit materials to be graded item by item according to the requirements:strictly review the size of the institution,commercial performance,bankruptcy liquidation performance,bankruptcy team members,the practice experience of each lawyer undertaking bankruptcy liquidation business,paper publication,and firm advantages.The size of the institution must be the list of lawyers registered in Beijing provided by the Beijing Lawyers Association,and the number of people assigned to the branch office cannot be counted.As our headquarters actually has 75 personnel,because 28 people are assigned to the branch office,none of them can be counted,so the number certified by the Beijing Lawyers Association to us is 47.We lost a lot of points in this item.In terms of performance,it is required that the total number of cases undertaken in commercial business in the past three years should be averaged to the head of the lawyer,and the performance of undertaking bankruptcy liquidation business must also be the performance of the Exchange as the manager in charge.If it is not the responsible person,it cannot be scored,and the performance of participating in such business in other provinces and cities cannot be scored.If it has been done in other institutions before,but it is not done in the Exchange,it will not be included in the scoring unit.The requirements are extremely strict.In addition,requirements have been made for lawyers'experience in undertaking bankruptcy,the advantages of undertaking bankruptcy,team building,and other conditions.Our Gaopeng's performance in other areas has remained good.

After strict review by the Beijing High Court and ranking from high to low,the city selected the top 60 shortlisted institutions,which were announced on the Beijing Court website on December 7,2018.Gaopeng ranked 18th.For the top 60 institutions that have been shortlisted,the Beijing High Court requires that the shortlisted institutions be grouped into groups of 20 according to the ranking order.From December 11-12,2012,they will send personnel to participate in the interview and defense of the Beijing High Court,and accept the interview evaluation scores of 15 judges.On the morning of December 11,2018,Lawyer Wang Mingtao participated in the interview defense assessment on behalf of the Firm.After the final interview evaluation and re scoring,our Gaopeng ranked 16th and officially entered the list of 60 selected institutions.As of December 22,2018,the announcement period has expired.Beijing Gaopeng Law Firm has been officially identified as a member of the bankruptcy administrator list of the Beijing High Court.(From lawyer Wang Mingtao).

Please refer to the following link for specific details.

http://bjgy.chinacourt.org/article/detail/2018/12/id/3606774.shtml?from=groupmessage&isappinstalled=0

(This article is translated by software translator for reference only.)