A&O Shearman
Client Satisfaction
With its comprehensive offering covering both contentious and non-contentious matters, including restructuring, enforcement proceedings, and regulatory issues, A&O Shearman is a vital resource for creditors and other multinational clients seeking guidance on China's onshore and offshore matters. A highlight of the firm's services is its joint operation with Lang Yue Law Firm in Shanghai, which harnesses the firm's robust international capabilities, bolstering its extensive range of services for global and Chinese clients in the financial services sector. The real estate sector also holds a prominent position in the firm's offerings, and recent developments in the PRC have led the team to assist developers in navigating complex cross-border restructurings. Notably, the team has actively advised Coordination Committees on a significant cluster of PRC developer restructurings. Ian Chapman, a veteran restructuring and insolvency lawyer, leads the non-contentious practice and is a key contact for banks and bondholders involved in complex restructurings in the Asia Pacific region. Fai Hung Cheung , leading the charge in insolvency litigation, regularly advises financial institutions on matters encompassing forensic security enforcement, asset investigation, and tracing. Viola Jing consistently lends her expertise to banks and creditors embroiled in R&I scenarios, handling both contentious and non-contentious facets, often involving complex PRC and cross-border dimensions. Richard Woodworth is no longer at the firm.
Work highlights
- Advising an ad hoc group of holders on USD683m senior perpetual securities issued by Blue Skyview Company Limited and guaranteed by, among others, Hong Kong Airlines Limited.
- Advised a client on two related matters arising out of the restructuring of New Ocean Energy Holdings Limited and its subsidiaries, a group involved in the oil and gas sector, whose trade and other loan exposures totalled over USD840m.