In the past few years, I have participated in M&A transactions, and I feel that Chinese companies are increasingly using lockbox mechanisms (or de facto lockbox mechanisms) to complete M&A transactions in the process of overseas M&A. This is also consistent with the trend observed by practitioners in other regions of the world (Ireland, the United Kingdom, South Africa, and other places). As a Chinese practitioner, I would like to make some observations on this trend.

Question 1: The man and the woman have entered into an engagement, and the man has given the bride price to the woman. After the woman contracted COVID-19, can the man repent and ask for the return of the bride price?

According to the provisions of the Company Law, the expiration of the business term specified in the company's articles of association is one of the reasons for the dissolution of the company. If the company is dissolved due to the expiration of the business term, a liquidation group should be established within 15 days from the date of the occurrence of the reason for dissolution to begin self liquidation. The question is, if the company's business term has expired but has not yet been dissolved, can its shareholders or creditors directly apply to the people's court for compulsory liquidation of the company on the grounds that the company has not established a liquidation team to conduct liquidation within the time limit? This article reveals the answer to this question through a case of the Supreme People's Court.

The epidemic situation of novel coronavirus pneumonia (hereinafter referred to as "COVID-19"), which broke out in Wuhan, Hubei Province in January 2020, has developed rapidly and spread throughout the country. At that time, the whole country was fighting the epidemic; After the epidemic has been effectively controlled, it has entered the normalization stage of epidemic resistance.

Recently, I watched a movie called "Secret Visitor", and due to the professional sensitivity of legal professionals, I began to think about an interesting plot in it: the male host's son died in a school bus accident, and the school bus driver was found to have no legal responsibility after trial. The male host couldn't accept this reality, so he took the school bus driver who had been in a coma for a long time to his basement. When the driver woke up, he told him that he was wanted for legal responsibility for the car accident. The driver was afraid of going to jail, so he asked the host to take him in. The host agreed to let him stay in the basement, but made him think about turning himself in. The male host collected all the TV and newspapers at home, keeping the driver informed of the outside situation. In this way, the driver has been cheated and spent three years in the basement of the man's house until he learned the truth later.

On April 19, 2022, the Shanghai Municipal Public Security Bureau reported a case of illegal business of driving up prices: after investigation, since April 10, the suspect Gao has illegally rented others' food business license to open a shop on the network platform, stockpiled a large number of vegetables, eggs, chickens, ducks and other food, and significantly raised the price for external sales, with a cumulative sales of more than 1.75 million yuan and an illegal profit of more than 1.5 million yuan. At present, suspect Gao has been taken criminal coercive measures by Jing'an police according to law due to his suspicion of illegal business operation, and the case is under further investigation.

It is said that fame should be achieved at a young age, and stars such as "TFBOYS, Zhang Zifeng, Zhang Yishan, Yang Zi, and Guan Xiaotong" who have emerged since childhood have attracted many minors to join the film and television entertainment industry. Moreover, in order to seek better development in the entertainment industry, more and more minors are also starting to sign up for brokerage companies. The author previously discussed the concept, nature, how to terminate a performance brokerage contract, and how to bear the responsibility for breach of contract in the article "Bait? Brokerage Contracts Can't Be Signed If You Want". This article analyzes the subject and effectiveness of signing a performance brokerage contract for minors, which is a special case.

Recently, with the continuous escalation of the epidemic in Shanghai and around the world, the possibility of delaying the repayment of housing loans has caused a heated discussion on the Internet, becoming a hot topic in Weibo searches. Many netizens have called major banks to apply for a loan extension on the grounds of being locked up at home, unable to resume work, and having no income. Does this application have a legal basis and can it be supported? This article studies this issue, hoping to be helpful to the mortgage community under the epidemic.

The review of the effectiveness of administrative agreements is the key to the trial of administrative agreement cases. For an effective administrative agreement, both parties need to assume responsibilities such as continuing to perform, taking remedial measures, and compensating for breach of contract; "For an invalid administrative agreement, the counterpart may apply to the court to declare it invalid.". How to determine the effectiveness of administrative agreements?Can the effectiveness judgment rules of civil contracts be applied?In addition to being valid and invalid, are there any other states of validity of administrative agreements, such as revocable or pending?This article will answer these questions in combination with judicial practice.