Insolvency and Restructuring


Legal Advice and Representation in Hong Kong

Legal Informations Solicitors is ranked as a Tier 1 / Band 1 law firm in the field of insolvency and restructuring in Hong Kong by leading industry publications including Legal 500 and Chambers & Partners. Our lawyers specialise in a wide spectrum of insolvency administrations, complex restructurings and bankruptcies involving global assets, with a particular emphasis on contentious and court-related issues.


While Legal Informations Solicitors is an independent Hong Kong law firm, our Insolvency and Restructuring lawyers act for many international clients involved in multi-jurisdictional and high profile matters. We provide legal advice and representation to insolvency practitioners, creditors, directors, shareholders, private and listed companies, bondholders, and individuals facing cash flow difficulties.

Our Experience

Insolvency and Restructuring – Our Legal Services

Legal Informations Solicitors provides Insolvency and Restructuringlegal solutions to clients involved in a diverse range of industries in Hong Kong, the People's Republic of China and throughout the Asia Pacific Region.

We advise and act on:

  • Corporate rescue in Hog Kong
  • Company restructurings and reorganisations, formal and informal
  • European, North American and Asian insolvency cases
  • Contentious and non-contentious matters within insolvency administrations
  • Insolvency procedures in Hong Kong and cross border jurisdictional issues
  • Solvent restructurings
  • Corporate rescue including schemes of arrangements
  • Winding-up, provisional liquidators, liquidation and appointment holders
  • Court approved receivers and receiverships
  • Bankruptcy, individual voluntary arrangements and trustees in bankruptcy
  • Directors duties
  • Litigation, asset tracing and recovery and the enforcement of security
  • Debt collection
  • Defaulting loans, notes and bonds
    distressed debts

Our Work

Examples of our lawyers' wide experience include:

The firm played a pivotal role in connection with the appointment of provisional liquidators to Oasis Hong Kong Airlines, and was instructed by the provisional liquidators in all aspects of this multi-faceted administration, which has presented some unique challenges given the international scope of the Oasis business and the high-profile nature of the collapse.

Successfully acting in what is now the leading case of an unfair preference action in a "non-associate" case where the firm acted for the liquidators against a receiver holding the proceeds of certain assets that were "preferred" to the company's bankers.

Advising the receivers appointed in respect of an online trading company selling CDs and DVDs following a much publicised judgment against the company in the UK for some £40 million. Notwithstanding the UK judgment, the receivers successfully concluded a sale of the company's assets following a period of trading under receivership, a rare event in Hong Kong.

Assisting receivers appointed by the Jersey Court over a Jersey trust in taking legal action in Hong Kong to secure control over entities within the trust structure in an effort to enable court-ordered payments of several million pounds to be made to a disenfranchised beneficiary of the trust, in connection with a long-running and high-profile matrimonial matter in Hong Kong concerning a jewellery trading family.

Advising a US-based manufacturer of retail electronic products in connection with difficulties arising with its Hong Kong and PRC partners, concerning indebtedness of in excess of US$70 million.

Insolvency and Restructuring – Our International Network

As a top Hong Kong law firm, Legal Informations Solicitors has established relationships with overseas professional services providers, including offshore law firms and major international liquidators. This international network of experts is easily accessible by our lawyers ensuring clients receive fully integrated advice concerning their often multi-jurisdictional and complex matters.

Insolvency and Restructuring – Our Hong Kong Lawyers

The Insolvency and Restructuring practice at Legal Informations Solicitors is co-led by Ian De Witt and Robin Darton, both of whom are ranked as top lawyers in the field by various publications including Legal 500 and Chambers & Partners.