We offer a dedicated restructuring & insolvency practice, with experienced lawyers in our Mainland China, Hong Kong and Australia offices. We routinely act for insolvency practitioners, creditors as well as companies and individuals in financial difficulty.
While we have built a reputation as trusted business advisors helping our clients enter and expand in Greater China, we have recently seen an increasing number need help to exit. Currently we act for a number of listed North American companies winding down or selling off their Mainland China and Hong Kong operations. We work closely with our associated firm Watson & Band in Mainland China and cross-border insolvency and restructuring matters. Watson & Band is recognised as a leading China insolvency and restructuring law firm in various legal directories and is routinely appointed as trustee in bankruptcy by the Shanghai High Court. Watson & Band also regularly acts as legal advisor to Chinese and foreign entities in winding up proceedings.
In Hong Kong we recently restructured a well-known Greater China restaurant/hotel equipment supply and food delivery chain. Presently we are acting for an office of a Gibraltar-based international corporate services/wealth management group in disclosure proceedings in the high-profile bankruptcy case of Nanik Dayaram in Hong Kong HCB 7651/2011. We are also assisting a China-focused agribusiness and its owner in restructuring and pending insolvency/bankruptcy proceedings.