Restructuring/Insolvency (International Firms)
Greater China Region Guide 2024 : China
Band 1
Email address
[email protected]Contact number
+852 2974 7000Chambers Review
A&O Shearman's Hong Kong team offers considerable cross-border capabilities, working with support from the firm's London and New York offices. It frequently acts for leading financial institutions on major restructuring and insolvency matters, including provisional liquidations, disputes and schemes of arrangement. The team is recognised for its strength advising on the creditors' side on oil and gas-related restructurings. Its clients include Standard Chartered Bank (Hong Kong), Australia and New Zealand Banking Group and Cathay United Bank. On 1st May 2024, Allen & Overy and Shearman & Sterling merged to form A&O Shearman.
Work Highlights
- The team advised a steering committee of eight financial institutions, including Standard Chartered Bank (Hong Kong), Australia and New Zealand Banking Group and Cathay United Bank, in relation to the proposed restructuring of New Ocean Energy Holdings.
Strengths
Provided by Chambers
"The firm is very experienced and is able to provide very good advice on how to consider and negotiate complex and cross-border restructuring issues."
"The quality of work was very good; the advice they gave was very practical and sound, and they can meet tight deadlines."
"The firm has strong fundamental know-how with the subject matters that enable them to provide suggestions and solutions for complicated situations."
"The firm is very experienced and is able to provide very good advice on how to consider and negotiate complex and cross-border restructuring issues."
"The quality of work was very good; the advice they gave was very practical and sound, and they can meet tight deadlines."
"The firm has strong fundamental know-how with the subject matters that enable them to provide suggestions and solutions for complicated situations."
Notable Practitioners
Ian Chapman has a wealth of experience in the insolvency and restructuring sphere. He offers expertise on restructurings and liquidations for domestic and international banks.
"Ian is always a person to turn to on complex matters that require a solution."
Viola Jing has a growing reputation in the market. She regularly assists with multi-jurisdictional restructurings, and is often instructed by banks and creditors.
"Viola is technically strong and is a reliable person to turn to for advice. She is very helpful with great turnaround time."
"Viola has great experience with the subject matters. Her language ability in Mandarin helps to push her to the next level in popularity as language ability is critical in communication and negotiation of the restructuring terms."