Spearheaded by Liaofeng Lu and Li Zhu, the Hangzhou-headquartered T&C Law Firm has expertise in all aspects of bankruptcy and reorganisations, predominantly focusing on the real estate, pharma, and finance sectors. Lu is an expert in complex disputes, Zhu is highly praised for his bankruptcy restructuring knowledge, while both Yu Wang and Biqiong Hua are also names to note.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘T&C Law Firm is one of the first law firms in the province to have the qualification of a provincial-level bankruptcy administrator, equipped with a professional bankruptcy team.’

  • ‘Liaofeng Lu has rich work experience and a sound business mindset. When dealing with problems, he can combine legal and commercial value for comprehensive analysis, and help clients explore potential needs and avoid potential risks.’

  • ‘Li Zhu has demonstrated outstanding professionalism and extraordinary talents in the field of bankruptcy reorganization, and is undoubtedly a leader in this field.  He can accurately grasp the key points of the case and quickly find the best way to solve the problem. He has excellent communication skills and teamwork spirit, and can effectively communicate with all stakeholders and coordinate the interests of all parties.'

Key clients

  • Dingli Group Co., Ltd.; The Primary People’s Court of Dongyang City of Zhejiang Province
  • Huayi Group Co., Ltd.; The Primary People’s Court of Yueqing City of Zhejiang Province
  • Zhongjiang Holdings Co., Ltd.; The Intermediate People's Court of Hangzhou City of Zhejiang Province
  • Xiangsheng Group Co., Ltd.; The Primary People’s Court of Xiaoshan District of Zhejiang Province
  • Hangzhou Qingchun Plaza Underground Space Development and Construction Co., Ltd.; The Intermediate People's Court of Hangzhou City of Zhejiang Province
  • Xinguang Holding Group Co., Ltd.
  • Zhejiang Neoglory Jewelry Co., Ltd.
  • Suntime International Techno-Economic Cooperation (Group) Co., Ltd.
  • Xinjiang Tianchi Tourism Ecology Development Investment Co., Ltd.
  • Yiwu Shimao Center Development Co., Ltd.

Work highlights

  • Advised on the highly influential bankruptcy case of Dingli Holding Group Co., Ltd, successfully managing a complex scenario involving a publicly listed company and 15,000 private lending creditors, earning commendation for stability maintenance.
  • Advised on the extensive restructuring of Xinguang Holdings Group Co., Ltd., addressing challenges including the delisting crisis of its core asset, Neoglory Prosperity Inc., and developing a draft restructuring plan introducing trust tools to safeguard stakeholders' rights and interests.
  • Advised on Huayi Group's bankruptcy liquidation, successfully maintaining the listing qualifications of its subsidiary, Huayi Electric Co., Ltd., orchestrating a smooth transition of controlling interest through a packaged equity auction, and overseeing the disposal of secured assets and debt distribution.

Practice head

The lawyer(s) leading their teams.

Liaofeng Lu, Li Zhu

Other key lawyers

Yu Wang, Biqiong Hua