Legal 500 Asia-Pacific
Most companies will experience financial challenges at some stage, whether through changes in the economic climate, increasing competition, disruptive technologies, or internal pressures, such as rapid expansion and cash flow issues.
If your business is experiencing difficulties and needs advice on its options, Deacons' insolvency and restructuring team can help. We are often asked to come into businesses as ‘corporate doctors’, to diagnose the causes of problems at an early stage and prescribe effective solutions.
Wherever possible, we aim to promote a constructive dialogue with shareholders and other stakeholders, and negotiate an outcome that benefits all sides. This could involve, for example, rescheduling or refinancing debt, restructuring equity, reorganising the company or disposing of assets.
As a last resort, we advise companies, as well as their creditors and stakeholders, on insolvency procedures, and we have extensive experience of acting for these parties, and also for liquidators and other office holders, in contentious insolvency matters.
In addition to handling restructurings and insolvencies in Hong Kong, we regularly assist international businesses with cross-border restructurings. With our representative offices in Beijing, Shanghai and Guangzhou, our lawyers also have a detailed grasp of the realities of work in the PRC. We also have considerable experience of advising individuals, creditors and trustees in bankruptcy on the complexities of personal insolvency in Hong Kong, and we regularly act for trustees, debtors and other stakeholders in contentious bankruptcy matters.
Please take a look at our insolvency and restructuring pages for more information on the range of work we undertake. And if you would like more information on how we can help you, please feel free to get in touch.