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S&G Represents a Shareholder Liability Dispute for Damaging Company Creditors' Interests in Court

On the afternoon of November 27, 2023, a shareholder liability dispute for damaging company creditors' interests, represented by S&G, was heard in court.

Key Issues in Dispute:

1.What liability should shareholders bear for company debts if the company’s business license is revoked and the shareholders have not fully paid their capital contributions;

2.What liability should shareholders bear for company debts if they fail to fulfill their liquidation obligations, resulting in the loss of financial records and other documents;

3.Whether there is a commingling of assets between the shareholders and the company.


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