China: Corporate/Commercial Law

A major private equity firm's nearly 60 million yuan penalty reveals how regulators pierce through complex corporate structures to identify illegal profit transfers disguised as independent transactions.

China's Supreme People's Court has issued a comprehensive new judicial interpretation for construction contract disputes, effective June 30, 2026. This interpretation fundamentally reshapes key areas including contractor payment rights, quality assurance mechanisms, and priority claim procedures. The new rules significantly restrict direct claims by subcontractors against project owners while strengthening protections for legitimate contractors and migrant workers.

董责险的全称为“董事、监事及高级管理人员责任保险”，英文为Directors & Officers Liability Insurance，通常简称为D&O保险，是以董事、监事、高级管理人员（“董监高”）在执行职务过程中的不当行为造成第三方损害而应承担的赔偿责任为保险标的。