Successful track record
The vast majority of the distressed and troubled company situations we have been involved in - whether representing the debtor or a creditor group - have been resolved amicably, to the satisfaction of all stakeholders. We believe that in most cases involving distressed companies formal insolvency procedures can be avoided, leading to greater preservation of value for all.
Many of Hong Kong and China's largest companies are our clients. As a result, we have numerous professionals within our organization with deep expertise in specific industry sectors. Whether a situation involves the manufacturing, telecommunications, retail, insurance, or real estate sectors, we cover them all (and more), and can thus bring real industry expertise to bear in almost any distressed situation. The result: a greater understanding of the issues facing the business, and solutions that enhance value for all stakeholders.
Resolving troubled company situations in China often requires getting through to the right people. Knowing who these people are can be key. We have had a presence in China for a long period of time and as a result we have a broad network of contacts in both the government and corporate sectors - contacts that may just prove to be invaluable to ensuring a successful outcome.
Experienced Chinese professionals
Times have changed since the onset of the Asia Financial Crisis in the late 1990s and the worldwide financial crisis in 2008, and so have the professionals who are instrumental to the successful resolution of troubled company situations. Today, most debt restructuring and insolvency situations require senior experienced Chinese specialists to effect workable solutions. Our Restructuring and insolvency team speaks for itself: Over 70 multilingual Chinese professionals supported by several expatriates (not the other way around).
With Restructuring and insolvency practices in over 60 countries, our well-established global network of more than 2,000 highly skilled restructuring and insolvency professionals can rapidly deploy and integrate cross-border consistently high calibre resources to seamlessly meet the needs of clients operating in multiple jurisdictions.