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	<title>ChinaRetailNews.com &#187; bankruptcy</title>
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	<description>Business Intelligence on Retailing, Franchising, and Consumerism in China</description>
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		<title>Xiamen Zhongshan Laiya Department Store Sued By 41 Suppliers After Bankruptcy</title>
		<link>http://www.chinaretailnews.com/2009/02/13/2258-xiamen-zhongshan-laiya-department-store-sued-by-41-suppliers-after-bankruptcy/</link>
		<comments>http://www.chinaretailnews.com/2009/02/13/2258-xiamen-zhongshan-laiya-department-store-sued-by-41-suppliers-after-bankruptcy/#comments</comments>
		<pubDate>Thu, 12 Feb 2009 19:30:36 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Department Stores]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[cash flow]]></category>
		<category><![CDATA[charge card]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[department store]]></category>
		<category><![CDATA[litigation]]></category>
		<category><![CDATA[Siming District]]></category>
		<category><![CDATA[specialty counters]]></category>
		<category><![CDATA[Xiamen]]></category>
		<category><![CDATA[Zhongshan Laiya]]></category>

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		<description><![CDATA[Xiamen Zhongshan Laiya Department Store's 41 suppliers have formed an alliance to launch a lawsuit against the bankrupt department store and the case has been accepted by the People's Court of Siming District, Xiamen. The plaintiffs said in the petition that they had signed contracts with the Laiya Department Store to open specialty counters in [...]]]></description>
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		<title>Beijing&#039;s Sanyuan To Rent Sanlu Assets</title>
		<link>http://www.chinaretailnews.com/2009/01/08/2080-beijing-based-sanyuan-to-rent-sanlu-assets/</link>
		<comments>http://www.chinaretailnews.com/2009/01/08/2080-beijing-based-sanyuan-to-rent-sanlu-assets/#comments</comments>
		<pubDate>Wed, 07 Jan 2009 19:31:36 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Food & Beverage]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[dairy products]]></category>
		<category><![CDATA[lease]]></category>
		<category><![CDATA[melamine]]></category>
		<category><![CDATA[milk]]></category>
		<category><![CDATA[Sanlu]]></category>
		<category><![CDATA[Sanyuan]]></category>
		<category><![CDATA[Shijiazhuang]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=2080</guid>
		<description><![CDATA[Following confirmation of milk producer Sanlu's bankruptcy, Beijing-based rival Sanyuan has adjusted its acquisition plan and announced that it will rent some of Sanlu's assets. Sanyuan stated that it originally planned to acquire parts of Sanlu's assets and businesses. However, since Sanlu had received a bankruptcy order from the Intermediate People's Court of Shijiazhuang, the [...]]]></description>
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		<title>China&#039;s Wugudaochang Seeks Bankruptcy Protection</title>
		<link>http://www.chinaretailnews.com/2008/11/27/1880-chinas-wugudaochang-seeks-bankruptcy-protection/</link>
		<comments>http://www.chinaretailnews.com/2008/11/27/1880-chinas-wugudaochang-seeks-bankruptcy-protection/#comments</comments>
		<pubDate>Wed, 26 Nov 2008 19:31:22 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Food & Beverage]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[instant noodles]]></category>
		<category><![CDATA[Jiangxi]]></category>
		<category><![CDATA[law]]></category>
		<category><![CDATA[legal]]></category>
		<category><![CDATA[noodles]]></category>
		<category><![CDATA[Shandong]]></category>
		<category><![CDATA[Wugudaochang]]></category>

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		<description><![CDATA[The Beijing-based instant noodle maker Wugudaochang has submitted a bankruptcy restructuring application to Beijing Fangshan People's Court. According to local media reports, a judge from the court said that Wugudongchang was required to make a debt restructuring plan and its creditors could declare their losses to the court within 40 days. The plan should be [...]]]></description>
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		<title>Financial Crisis Hits Hong Kong&#039;s Tai Lin Radio Services</title>
		<link>http://www.chinaretailnews.com/2008/10/22/1607-hong-kongs-tai-lin-electric-appliances-suffers-bankruptcy/</link>
		<comments>http://www.chinaretailnews.com/2008/10/22/1607-hong-kongs-tai-lin-electric-appliances-suffers-bankruptcy/#comments</comments>
		<pubDate>Tue, 21 Oct 2008 19:31:14 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[FMCG]]></category>
		<category><![CDATA[3D-Gold Jewellery Holdings]]></category>
		<category><![CDATA[Bailingda]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Ernst & Young]]></category>
		<category><![CDATA[global financial crisis]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[liquidation]]></category>
		<category><![CDATA[Protection of Wages on Insolvency Fund]]></category>
		<category><![CDATA[Smart Union Group]]></category>
		<category><![CDATA[Tai Lin Electrics Appliances]]></category>
		<category><![CDATA[Tai Lin Radio Service]]></category>
		<category><![CDATA[U-right International Holdings]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=1607</guid>
		<description><![CDATA[Because of about HKD100 million debt and other financial problems, Tai Lin Radio Service, the Hong Kong-based 62 years' old appliances store announced its bankruptcy on October 17, 2008 and sales from its 13 stores have been suspended. Lin Zuoli, chairman of Tai Lin, told local media that many problems, including high store rents, the [...]]]></description>
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