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

  • Directors Of Insolvent Companies: Managing the Risk of a Disqualification Order

    Directors of Hong Kong companies operate in an environment of personal liability – a liability that is brought into sharp focus where companies face financial difficulties. This liability may take not only the form of criminal or civil liability but also the form of a disqualification order, meaning an order to bar that director from being involved in the management of a company in the future. In this article, we explore the basis for a disqualification order and provide guidance for individual directors as to how they should conduct themselves in times of financial stress to avoid liability.

  • Personal Liability of Directors: Covid-19 and Trading in the Insolvency Zone

    The coronavirus (Covid-19) pandemic continues to amplify the damage to a Hong Kong economy already battered by political unrest and an evolving reset in the relationship between the U.S. and China. As Hong Kong companies come under increasing cashflow pressure, directors should be aware that if their companies approach insolvency, their duties are increasingly owed to the creditors of their companies rather than to the shareholders of their companies. Pressure from suppliers and other creditors to make payments can place directors in a difficult position of incurring personal liability. In this article, we explore some of the features of this liability..

  • 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.