Kemp

SERVICES

Restructuring & Insolvency

Get the most out of a crisis situation

Trust KEMP’s experts to protect your rights and fight for the best achievable results in restructurings, insolvencies and bankruptcies

Restructuring and insolvency matters require sound and swift solutions. We offer the full suite of legal guidance and representation to private and listed companies, insolvency practitioners, creditors, directors, shareholders and bondholders. Cross-border disputes and asset-tracing are our stock in trade.

Our approach is innovative and ultimately pragmatic: the goal is always to shoulder the burden for our clients, and maximize their positive outcomes in the most adverse circumstances.

Notable Deals

Acting for Liquidators of a group of companies in pursuing fraudulent trading and misfeasance claims against company officers as well as professional negligence claims against the former auditors. Former officers of the group were sentenced to 10 years of imprisonment on nine counts of charges for defrauding a number of banks. Their fraudulent act has led to the insolvency of the group. The various pieces of ongoing litigation are currently being funded by a litigation funder.
Recovery of substantial sums for the liquidators from the failed PRC company, Canton Properties.
Recoveries enabling substantial dividends to be paid to creditors arising out of the liquidation of the New China Finance Group in the late 1990s.
Acting for a Chinese fund in a dispute adverse to a major investment bank in a claim valued at over HK$ 75 million involving assets held with a collapsed stockbroking and securities firm.
Acting for liquidators against multiple defendants for claims in excess of HK$ 300 million, involving fraudulent preference, voidable dispositions of property and conspiracy.

INSIGHT