There are many pitfalls that local and expat executives will encounter when doing business in China but none dreaded more than finding oneself under investigation for alleged wrongdoings by the company they work for.
Under Chinese law, personal liability for actions taken by a company are regarded rather differently than in many other countries and most expat executives are unaware of the risks involved in serving as a legal representative, director or officer of a company in China.
To help clarify these risks, the Canadian Chamber of Commerce in Shanghai has invited Richard Grams, a Partner of FitzGerald Lawyers, to speak about:
- the main categories of legal liability that executives bear under PRC law
- possible consequences of being found personally liable
- corporate actions/omissions most likely to land executives in trouble
- how to pro-actively manage the risks of personal liability
- what to do if you become the subject of an investigation
This briefing will be of interest to anyone who is or may become a director, legal representative or general manager of a business in China.