Restructuring/Insolvency (PRC Firms) | Greater China Region

Dacheng Law Offices is equipped with a group of specialists advising large state-owned enterprises, private corporations and listed companies from various industries on restructuring cases. The team is also noted for acting as administrators in reorganisation proceedings. It is regularly instructed on high-stakes cases and experienced in handling acquisitions of distressed companies. Dacheng Law Offices possesses broad industry knowledge, notably in the energy, financial services and aviation sectors. Its notable clients include Citic Guoan, Peking University Founder Group and Chongqing Energy Investment Group.

Fangda Partners houses a number of accomplished restructuring and insolvency experts. The team advises clients from a diverse range of industries on high-profile mandates, many of which involve cross-border elements, and continues to be the counsel of choice for creditors. Fangda often represents domestic entities in reorganisation cases and is increasingly active as administrator in liquidations. The firm is additionally engaged by local governments to conduct due diligence work with regard to distressed entities, and is noteworthy for dealing with buyouts of distressed assets. Its clientele includes ZK Engineering, Shanghai CEFC International Group and Dalian Shipping Industry Offshore.

King & Wood Mallesons remains a market leader with a deep bench and strong record in this sphere. The team possesses an impressive national and international footprint, giving it considerable geographical reach and making it a go-to firm for financial institutions and corporate clients on high-stakes restructuring and liquidation. It additionally provides advice on acquisitions and disposals of distressed assets and remains the counsel of choice for a number of listed companies and leading SOEs. The firm is also active in taking up the administrator role in bankruptcy cases. It has broad industry coverage with a specialism in the energy, financial services and technology sectors and its notable clients include Yurun Food, Poten Environment Group and New China Trust.

Zhong Lun Law Firm has a highly respected team with a long history of handling insolvency-related matters and corporate reorganisations. The team continues to be instructed as administrator on big-ticket liquidation work for both listed and non-listed corporations from a variety of industries. The practice has extensive experience in handling debt restructuring matters, and is also equipped to represent creditors in bankruptcy cases. It possesses traditionally a strong client base in South China and is increasingly active in some northern provinces. Zhong Lun's notable clients include Sanpower Group, Zhuhai Huafa Technology Industrial Group and China General Technology (Group) Holding.

W&H Law Firm houses a recognised team with a well-established offering covering bankruptcies and restructurings for domestic corporations. The team regularly handles cases involving high-value assets, and ably handles restructuring matters involving both civil and criminal law elements. It has broad industry experience, including in materials, technology and real estate. The team is also active in research work in this area of practice. Its clients include Guangzhou Cronus Bicycle Fashion Sports, Shenyang Liyuan Railway Vehicle Equipment and Shenyang Zhongyou Tipo (Group) Material Equipment.

DeHeng Law Offices' accomplished group offers expertise in the restructuring and insolvency sphere. The team has experience handling bankruptcy proceedings as administrator across various provinces and is particularly active in Shandong. It also represents domestic creditors in restructuring and reorganisation cases. DeHeng maintains good working cooperation with enterprises from the tourism, energy and retail sectors. Its notable clients include Sanya Luhuitou Tourism Area Development, Qilu Special Steel and Henan Qi County Yongda Food Industry.

Grandall Law Firm fields an established team of specialists, acting as administrator and for creditors' committees in an array of restructuring and insolvency cases. Thanks to the group's prowess in capital markets, it is well versed in handling insolvency cases involving public companies and able to advise on extrajudicial restructuring. The group leverages its footprint across the country to assist clients from various provinces, such as Shanghai, Zhejiang and Ningxia.

Hylands houses an accomplished team with experience in insolvency and restructuring mandates, often instructed to act as administrator. It is also equipped to handle matters for creditors. The team is well placed to act for clients from various sectors such as food and beverages, manufacturing and real estate. Its notable clients include Yurun Holding Group, Jiangsu Dewei New Material and Yunnan Chengde Real Estate Development.

AllBright Law Offices offers comprehensive advice in relation to insolvency, liquidation and restructuring. Market commentators are quick to note its representation of creditors and investors, and the team ably advises on cases in the insurance, financial services and real estate sectors. The team offers advice out of its Shanghai headquarters and beyond, including drawing resources from offices in Tianjin, Nanjing, Nanchang and Shenzhen.

Beijing Highking Law firm is a boutique focused on restructuring and insolvency. It represents a number of distressed borrowers and creditors, and has particularly solid expertise in sophisticated cases for SOEs as well as private and public corporates. The practice is also skilled at dealing with out-of-court restructurings and assisting with distressed asset disposals. Its sector knowledge includes real estate, financial services and construction and the notable clientele includes Shaanxi Hejia Real Estate, Shaanxi Pubaihuang Expressway Construction and Beijing Zhonghong Ruide Investment Management Center.

T&C Law Firm is a corporate law full-service powerhouse with a stellar reputation in the province of Zhejiang. The team is highlighted for its deep understanding of corporate structures and distressed assets, together with its skill set in litigation, which enables it to advise on both contentious and non-contentious elements in restructuring and insolvency cases.

TianTong Law Firm attracts attention for its impressive expertise in the restructuring arena. The team regularly acts as administrator for domestic manufacturers and food processing companies in high-value reorganisations. It is also sought after by creditors and liquidators to deal with complex insolvency proceeding. TianTong's notable clients include Haohua Junhua Group, Ping An Life Insurance of China and China Jingu International Trust.

Baijus Law Firm draws upon its litigation excellence to offer advice on a variety of cases including mandatory liquidation, pre-restructuring, asset restructuring and insolvency. The Chongqing-based team is a popular choice of counsels among local financial services institutions, large private companies, SOEs and listed companies. The team also advises on finance, insurance and related fund work.

Guantao Law Firm is a well-regarded full-service firm which offers expertise in restructuring, liquidation and insolvency issues. Clients benefit from its one-stop offerings including its rich transaction and contentious knowledge in the corporate law sphere. The firm regularly acts as administrator in insolvency proceedings and is particularly visible in Fujian, Liaoning, Jiangsu and Zhejiang.

Shanxi Hua Ju Law Firm fields a compact team advising on bankruptcy and liquidation matters, regularly instructed to act as administrator. It has particular expertise in cases involving Shanxi-based private entities and state-owned enterprises, and possesses noteworthy knowledge of the mining and manufacturing sectors. Its notable clients include Shanxi Chengcai Iron & Steel and Shanxi Sanzhen Cerebrovascular Disease Hospital.

Sichuan Faxian Law Firm provides comprehensive services in the restructuring and insolvency area. The team possesses broad experience, and is often instructed to undertake liquidation, bankruptcy and reorganisation proceedings. The firm is also equipped to advise on debt restructurings and matters involving non-performing assets. It is a sought-after practice among debtors and creditors based in the south-western China region. Sichuan Faxian's notable clients include Sichuan Chengdu-Anyue-Chongqing Expressway, Chengdu Longling Industrial and Chengdu Xingneng New Materials.

Tahota Law Firm has a good track record dealing with insolvency work, frequently acting as administrator and representing corporate creditors and asset managers as well. The team is a popular choice of counsel in Sichuan and Shandong, with increasing prominence nationally. The team draws upon its stellar dispute resolution capabilities when advising on the contentious aspects of restructuring and insolvency cases.

Boss & Young Attorneys-At-Law operates out of its Shanghai base and is experienced in acting on liquidation and bankruptcy enforcement. The team is known for its skills in asset disposal, in particular issues relating to non-performing loans.

Winners Law Firm is renowned for its corporate and commercial law focus. The team houses a bench of insolvency specialists with expertise across a diverse range of disciplines including construction, administrative law, environmental law and finance. The firm receives regular mandates by Tianjin courts and distressed local companies from the machinery, real estate, shipping and international trade sectors.

Zhongwen Law Firm is a widely recognised national firm, able to draw upon its resources across multiple offices in the jurisdiction to tackle with large-scale insolvency cases involving many subsidiaries and various types of assets. The team is also familiar with handling pre-restructuring procedures and insolvency-related disputes. The group counts Cinda Capital Management, China Great Wall Asset Management and China Construction Bank as its key clients.