The bankruptcy liquidation and reorganisation practice at AllBright Law Offices is often appointed by high courts and municipal middle courts across China to manage companies’ bankruptcy and liquidation processes. It has assisted state-owned enterprises, foreign investors, and private enterprises on matters such as compulsory and voluntary liquidations and bankruptcy reorganisations and liquidations. Gao Zhang leads the team from Shanghai, specialising in bankruptcy and restructuring, and litigation. Linhai Zhu is known for his corporate insolvency knowledge, while Shenzhen-based Shicai Zong deals with bankruptcy reorganisation cases. In Tianjin Lili Jia works on bankruptcy and disposal of non-performing assets, Chunyan Zhu handles M&A from Shenzhen, and over in Nanjing Yukun Zhang and Qing Xi are also noted.

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Key clients

  • CEFC Shanghai International Group
  • Anhui Foreign Economic Construction (Group) Co.
  • Shanghai International Airport Co.
  • Shanghai Wanhao Investment Co..
  • Xinjiang Mingcheng Investment Development Co.
  • China Resources Asset Management Co.
  • China Fortune Securities Co.
  • XiuTu (Shanghai) Investment Co.
  • Shanghai Jiuyuan Enterprise (Group) Co.
  • Shanghai Hongyuan Shengshi Investment Development Co.

Work highlights

  • Acted as one of the bankruptcy administrators for the bankruptcy proceedings of CEFC Shanghai International Group, carrying out the bankruptcy liquidation of more than 70 companies.  
  • Advised Anhui Foreign Economic Construction (Group) Co. on its reorganisation in  insolvency, involving the disposal of cross-border assets.
  • Assiting Xinjiang Mingcheng Investment Development Co. with reorganisation following their application to Shayi Bake District People’s Court of Urumqi Municipality for reorganisation on the grounds that it was unable to pay its debts and lacked solvency.

Practice head

The lawyer(s) leading their teams.

Gao Zhang

Other key lawyers

Linhai Zhu, Shicai Zong, Chunyan Zhu, Lili Jia, Yukun Zhang, Qing Xi