The administrator is the estate’s legal manager after acceptance — counterparties should stop treating the old GM as the only voice.
In China enterprise bankruptcy, a court-appointed administrator (often a firm or institution from a roster) takes over management powers, receives claims, pursues avoidance, and realises assets or supports a reorganisation plan. Directors’ residual duties shift. This wiki is the administrator role. It is not the succession estate-administrator wiki. Creditors interact through claims and creditors’ meetings. Distressed buyers diligence the administrator’s process.
4 questions before you choose the route.
This page identifies the right question and evidence. It does not determine the legal outcome on a reader’s facts.
Who was appointed?
Identity.
WhoWhat powers over contracts/assets?
Scope.
PowersClaims channel confirmed?
Claims related pages.
ClaimsAvoidance investigations active?
Avoidance related pages.
AvoidWorking rule: Map the regulated role before marketing or launch in China.
The signal ledger.
These facts move the question beyond a label and into a product, money-flow and control analysis.
Bring a compact evidence docket—not a pitch deck.
Give a compliance team or counsel the operating facts that reveal the perimeter.
Questions people ask before they build.
Short answers for orientation. The right result can change with the service model and current rules.
Can the debtor manage in reorganisation?
Sometimes under supervision — track-specific. Ask counsel.
Where are claims filed?
Open /creditor-claims-in-china-bankruptcy.
Primary authorities
Reviewed sources support orientation, not a fact-specific assessment.