Acting for borrowers, lenders, and distressed investors, the Latham & Watkins LLP practice stands out for its offering on high-value debt restructurings, complex enforcement actions, and cross-border winding-up petitions. It also excels in assisting ad-hoc groups of offshore bondholders and onshore trade creditors. The team draws upon its in-depth expertise in US bankruptcy and reorganisation cases to routinely advise clients spanning the aviation, real estate, and tech sectors, with the Hong Kong-based head Howard Lam being well-regarded by insolvency practitioners, distressed funds, and bank lenders. Flora Innes is highly knowledgeable in corporate restructurings and multi-jurisdictional disputes, bringing added insight to the outfit.
L’éditorial du Legal 500
Clients clés
- Hong Kong Airlines Limited
- Ad hoc group of bondholders to Zhenro Properties Group
- Ad Hoc Committee of bondholders in relation to China Fortune Land Development
- Ad hoc group of bondholders to Zhongliang Holdings Group
- Babel Asia Asset Management Private Limited
- Committee of noteholders to Hidili Industry International Development
- Private placement lenders to Logan Group Company Limited
- Ad hoc group of bondholders to RiseSun
- Ad hoc group of offshore bondholders and certain bank creditors to Powerlong Real Estate
- Fok Hei Yu and Kenneth Fung (of FTI Consulting) as liquidators of Top Wise International Limited (In Liquidation)
Points forts
- Advised the ad hoc committee of offshore bondholders with respect to Zhongliang Holdings Group, a high-profile Hong Kong-listed Chinese real estate developer, on the successful restructuring of its 5 series of USD guaranteed bonds with face value of circa US$929 million, as well as other private loans of the company.
- Advised the “Babel Finance” group of companies, which operated a crypto-lending and crypto asset management business in Asia, to holistically restructure its operational indebtedness, corporate and shareholding structure through a Singapore scheme of arrangement, following the crypto crash in June 2022.
- Advising an ad hoc group of offshore bondholders and certain bank creditors in connection with the US$2 billion+ holistic debt restructuring of USD bonds, bank debts and other private debts of Powerlong Real Estate Holdings Limited, a Fujian-based Chinese real estate development company which is listed on the Hong Kong stock exchange.
Avocats
Les grands avocats du marché
Avocats associés reconnus parmi les leaders du marché par leurs pairs et leurs clients, régulièrement présents dans les grands dossiers dans lesquels ils sont au premier plan.
Meilleurs collaborateurs
Jeunes avocats collaborateurs ou counsels qui se distinguent régulièrement par leur présence dans des dossiers importants du marché, et qui sont identifiés par le marché comme de jeunes talents à suivre.
Responsable de la pratique
Howard Lam
Autres avocats clés
Flora Innes