JC Master Achievements | JC Master’s bankruptcy team serves as administrator, helping a cultural and tourism enterprise at Xuanwu Lake undergo restructuring and emerge anew.

On April 25, 2025, the People’s Court of Xuanwu District, Nanjing, in accordance with a creditor’s application, legally ruled to accept the bankruptcy liquidation case of Jiangsu Zhongnan Xuanwu Lake Ecological Tourism Development Co., Ltd. (hereinafter referred to as “Xuanwu Lake Ecological Tourism Company”), and, through a random lottery, appointed Jiangsu JC Master Law Office as the administrator, with Attorney Xu Tao serving as the head of the administrative team. Upon accepting the appointment, the administrator team, under the guidance of the Xuanwu Court, promptly intervened and conducted an in-depth analysis, successfully identifying the enterprise’s core value for restructuring. This enabled the case to transition smoothly from bankruptcy liquidation to reorganization proceedings, ultimately culminating in a successful restructuring, thereby injecting new vitality into this cultural‑tourism landmark that embodies the city’s collective memory.

In this case, faced with the enterprise’s insolvency, the JC Master bankruptcy team, under the guidance of the bankruptcy collegial panel, promptly conducted a comprehensive review of its assets and operational status. They astutely identified the project’s unique value as a PPP initiative—the franchise rights—demonstrating significant potential for restructuring. Addressing the multifaceted stakeholders, intricate legal relationships, and policy‑alignment challenges inherent in PPP projects, the team leveraged the government‑court coordination mechanism. The Nanjing Municipal Culture and Tourism Bureau, the Justice Bureau, the Finance Bureau, and other relevant departments convened a special coordination meeting, focusing on key issues such as the continuation of scenic‑area planning, the transfer of franchise rights, and the alignment of supporting PPP policies. By pooling resources and fostering multi‑party collaboration, they removed obstacles to attracting strategic investment. Ultimately, thanks to the project’s core value and an attractive business environment, the team successfully brought in Deji Group, a leading domestic commercial enterprise, as a strategic investor. Deji Group not only provided substantial funding but also introduced cutting‑edge operational expertise and valuable commercial resources, laying a solid foundation for a successful restructuring.

The smooth progression of the liquidation‑to‑restructuring process at Xuanwu Lake Ecological Tourism Company vividly underscores the professional expertise and practical capabilities of JC Master Law Office as the administrator. With keen value‑oriented insight, efficient procedural management, and precise stakeholder coordination, the administrator team has built a bridge to revival for this struggling enterprise. The JC Master bankruptcy team will continue to advance all restructuring initiatives in an orderly manner, helping the park regain its former splendor at an early date and contributing the rule of law to the high‑quality development of the cultural‑tourism sector and the ongoing improvement of the business environment.
 

“The following is a repost of a related report from the official WeChat account of the Xuanwu District People’s Court in Nanjing.”