Restructuring and insolvency
Parallel winding up proceedings in Hong Kong and Cayman Islands
Advising a subsidiary of a Hong Kong listed co. on its HK$200 million worth claim against a Cayman Island fund and its Hong Kong based personal and corporate guarantors. Successfully obtained winding up orders in both Hong Kong and Cayman Islands and appointing liquidators respectively. Advising and managing the subsequent debt recovery and enforcements in various jurisdictions (including Hong Kong, the United Kingdom and Cayman Islands).
Court appointed administrator of a former HK Listed co
Advising the administrator in the proper way in dissolving companies under the laws in Hong Kong and Cayman Islands respectively, in order to discharge the administrator's duties to the Court.
Foreign bank
Advised a foreign based bank in relation to its facility granted to PRC individuals and a Hong Kong listed co. and its relating claims upon the borrowers' default, including winding up and bankruptcy proceedings. Acting on its behalf in enforcement proceedings against various securities; and its priority among all debtors' claims.
More: Restructuring and insolvency