Restructuring/Insolvency (International Firms)
Greater China Region Guide 2024 : China
Band 1
Contact number
+852 3761 3300About
Provided by Kirkland & Ellis
Kirkland & Ellis’ restructuring practice group, with more than 200 attorneys in the Firm’s U.S., Hong Kong, London and Munich offices, is one of the largest, stand-alone dedicated restructuring groups worldwide and has earned a stellar reputation for advising all categories of stakeholders on complex financial restructurings and insolvency proceedings.
Chambers Review
Kirkland & Ellis' exceptionally well-respected restructuring and insolvency team is highly regarded for its representation of bondholder groups in major restructurings. It is highly active in the energy sector. The firm is sought after for its strong collaborative relationship with its US offices on cross-border matters and is noted for its presence in the broader region, often operating on mandates in jurisdictions such as Singapore and India. The law firm also advises on insolvencies and Chapter 11 issues, as well as on large-scale default cases. Its clients include Noble Group, Sapura Group and iQIYI.
Work Highlights
- Kirkland & Ellis advised the ad hoc committee of holders of the offshore notes issued by Huachen Energy in relation to the restructuring of Huachen's indebtedness.
Strengths
Provided by Chambers
"The team has a unique team structure with a practical and experienced approach to business strategy. They bring together transactional, finance lawyers, restructuring experts, and litigation lawyers - three critical aspects of businesses that are typically scarce to find in foreign firms."
"The firm is a one-stop service shop with seamless cooperation. Kirland & Ellis ensures we receive the most convenient service possible. The partners are highly engaged, providing insight from transactions to foreseeing potential problems and restructuring possibilities."
"It has a formidable ability to reduce complicated ideas to clear value-based concepts with alternative paths to pursue resolution."
"Their toolbox is always full of surprises and they never apply a one-size-fits-all approach, and they have lawyers with various skill sets that are available as and when we need them."
"Kirkland & Ellis has a strong commercial problem-solving approach. It is a leader and trusted adviser."
"The team has a unique team structure with a practical and experienced approach to business strategy. They bring together transactional, finance lawyers, restructuring experts, and litigation lawyers - three critical aspects of businesses that are typically scarce to find in foreign firms."
"The firm is a one-stop service shop with seamless cooperation. Kirland & Ellis ensures we receive the most convenient service possible. The partners are highly engaged, providing insight from transactions to foreseeing potential problems and restructuring possibilities."
"It has a formidable ability to reduce complicated ideas to clear value-based concepts with alternative paths to pursue resolution."
"Their toolbox is always full of surprises and they never apply a one-size-fits-all approach, and they have lawyers with various skill sets that are available as and when we need them."
"Kirkland & Ellis has a strong commercial problem-solving approach. It is a leader and trusted adviser."
Notable Practitioners
Neil McDonald heads Kirkland & Ellis' restructuring and insolvency practice. He has an established reputation for supporting distressed companies and creditors on cross-border restructurings and bankruptcy proceedings.
"Neil is the go-to adviser for debt restructurings and advice to management, boards, shareholders and creditors of distressed companies."
"The most experienced guy out here in Hong Kong. Neil is the lawyer for restructuring. I think super highly of him."
Lim Wei-Yang has a notable practice, and continues to draw praise from market sources. He acts for debtors and creditors on cross-border restructurings and liquidations.
"Wei-Yang is a dependable lawyer who is particularly experienced at dealing with local Asian companies."
"He is an excellent and highly responsive lawyer."
"Wei-Yang is bilingual and has strong technical skills."
Ranked Lawyers at
Kirkland & Ellis
China