Latham & Watkins LLP’s restructuring and insolvency group covers a myriad of issues stemming from both public high-yield bonds and private bank debts, acting on both debtor and creditor side mandates. Its work frequently incorporates its American roots in order to provide US law advice, such as advising on cross-border proceedings under Chapter 11 and Chapter 15. Players from multiple sectors, including energy, real estate, finance, and aviation, often turn to the team, especially those with connections to China’s corporates. Leveraging its cross-practice and multi-jurisdictional teams, the department is well-positioned to provide clients with advice on highly complex situations for private and publicly listed companies in Hong Kong and the wider Asia region, expertise essential when advising on non-traditional mandates like restructuring work covering Hong Kong scheme arrangements and UK restructuring plans. Howard Lam leads the practice and is a key point of contact for insolvency practitioners, bondholders, distressed funds, and bank lenders on China-related and Asia-based restructuring matters. Working alongside Lam is Flora Innes, whose involvement spans complex corporate restructurings, insolvency proceedings, and cross-border disputes.
Key clients
- Hong Kong Airlines Limited
- Huachen Energy Co., Ltd
- Ad Hoc Committee of bondholders in relation to China Fortune Land Development.
- Value Partners and Prudence Asset Management Pte. Ltd.
- Ad Hoc Group of bondholders in relation to Dr Peng
- Donald Osborne and Christopher So (of PWC), as joint and several liquidators of Shanghai Huaxin (Hong Kong) Limited (In Liquidation)
- Tianqi Lithium
- Beijing Gas
- Ad hoc group of bondholders in respect of Dafa Properties Group Limited
- Xinyuan Real Estate Co., Ltd
- Private Bondholder of Shimao
- Marketlend Pty Ltd
Lawyers
Practice head
The lawyer(s) leading their teams.
Howard Lam