Abstract This article analyzes real case samples of corporate bankruptcy service trusts in judicial practice, based on judicial cases and relevant legal texts since 2010. It finds that service trusts in bankruptcy proceedings suffer from issues including a lack of compensatory measures after losses, absence of operational oversight, and unclear rules for exiting the trust plan. Proposed solutions include establishing “trust risk mitigation contracts” and implementing “dual-regulation oversight.” This research presents a novel model for the disposition of bankruptcy estates during reorganization proceedings, serving as a significant text for studying service trusts within China’s bankruptcy procedures.
Yuxia et al. (Sat,) studied this question.