Legal analysis: you can file for bankruptcy. The factual basis for the court to judge whether the company can go bankrupt and liquidate is whether the company has the ability to pay off the debts due, which has nothing to do with whether the company is involved in litigation. If the court decides to accept the bankruptcy liquidation of the company, all lawsuits related to the company will be suspended.
Legal basis: Paragraph 1 of Article 3 of the Enterprise Bankruptcy Law of the People's Republic of China. If an enterprise is unable to pay off its debts due to poor management, it shall be declared bankrupt in accordance with the provisions of this law. "