International Debt / Equity Restructuring

With their extensive experience in various types of structurally-complicated financing, M&A deals, representing liquidation committees or administrators in corporate restructuring and bankruptcy proceedings, as well as rich experience in litigation, our attorneys have a strong capacity to provide legal services on complicated debt restructuring. We regularly prepare constructive strategies for corporate restructurings and workouts and litigation for both international and domestic financial institutional creditors, bondholders, investors and other parties.

Our practice in debt restructuring can be traced back to the 1990s, when we represented international syndicates in debt restructuring of syndication loans and participated in cross-border debt restructuring on behalf of international creditors during the Asian Financial Crisis.

The Chinese economy, market and legal framework have changed rapidly over the past decade. In particular, the Chinese economy is still in the process of economic transition, which has brought great challenges to cross-border debt restructuring. Under these circumstances, successful debt restructuring proposals require an insightful understanding of the local market and legal framework from a practical and local standing point. A practice team with diversified and combined expertise in financial structures, private equity, M&A, bankruptcy restructuring and dispute resolution is also the key to a successful debt restructuring, which may include balance sheet restructuring, enforcing creditors’ rights, refinancing, structured financing, corporate divestitures, spin-offs, distressed M&A and acquisition financings. With our extensive experience in providing integrated and packaged legal services, we are able to offer strong support and tailored plans for international and domestic clients in complicated debt restructurings.

• Due diligence on assets and creditor / debtor claims
• Work-out options, strategies and capital structure solutions
• Debt buy-back and refinancing
• Asset sales programs
• Government and investor relations and crisis management
• Distressed mergers and acquisitions and financing, on both buy-side and sell-side
• Debtor-in-possession programs and financing arrangements
• Providing expertise on workout and restructuring programs to enhance value