Corporate

Overview

Hong Kong is a world-renowned financial centre and a gateway to the Greater China region as well as emerging markets in South East Asia such as Vietnam, Thailand and Indonesia.

Our corporate practice offers a full spectrum of capability, with particular focus on capital raising and M&A. Since our firm’s inception in 2004, we have been at the vanguard of major M&A transactions, advising on transactions the total value of which exceeds US$3.5 billion.

We regularly advise clients on highly complex matters, offering a uniquely integrated approach to the technical corporate, tax and regulatory concerns that they face to deliver pragmatic solutions reflecting the commercial landscape they operate within.

We have particularly deep experience in strategic transactions involving financial institutions, including banks, brokerage firms, private fund sponsors and other asset managers, insurance companies and insurance intermediaries. Through our deep understanding of the public and private capital markets, we are well positioned to assist clients with the financing of their business activities and to guide them on investment opportunities.

Our client base includes Fortune Global 500 companies, listed companies, private equity backed enterprises, investment funds, start-ups and growth enterprises as well as private individuals.

Insights

  • Debt Collection Post-Covid-19: Force Majeure, Frustration and Winding-Up in Hong Kong

    Businesses who wish to take aggressive action to enforce contractual obligations may consider a statutory demand as a means to pressure a counterparty into performance. A statutory demand may result in the winding-up of the counterparty, resulting in the liquidation and dissolution of that counterparty. However, the counterparty may resist the winding-up, disputing that the obligation is in fact owed. The present coronavirus pandemic may provide a basis for the counterparty to argue that it should be excused from performing its obligations through the doctrine of frustration and force majeure. In this article, we explore the nature of a winding-up, how it may be used for debt collection and whether the present pandemic may provide a basis for resisting a winding-up.

  • Surviving the Covid-19 Virus: Debt Restructuring for Businesses Facing a Liquidity Crunch

    Hong Kong businesses are undergoing a period of tremendous challenge, with the reset in economic relations between the U.S. and China, the Hong Kong protests and the Covid-19 virus battering the economy. In this environment, even businesses with strong long term prospects may face real short term working capital challenges. In this article, we explore some of the options available to address liquidity deficiencies.

  • Licensing of Private Equity Sponsors: A New Hong Kong Approach?

    On January 7, 2020, the Securities and Futures Commission (“SFC”) issued its “Circular to private equity firms seeking to be licensed” (“PE Circular”) setting out its view on the licensing obligations of private equity firms. The PE Circular suggests that a number of activities frequently undertaken by private equity firms may trigger licensing obligations. As a result, private equity firms operating in Hong Kong without a license should consider their scope of activities and whether or not they do in fact wish to run the risk of operating without a license.