Insolvency & Restructuring

GPS counsels financially distressed companies on corporate rescue options and strategies including debt restructuring and schemes of arrangement. We also advise and represent debtor companies, creditors and liquidators in proceedings brought before the Hong Kong courts.

Our practice combines experienced corporate and litigation Hong Kong lawyers to ensure clients have the benefit of comprehensive, strategically focused and commercially aligned legal counsel and support in a broad range of matters, including:

  • company restructuring and reorganization
  • voluntary liquidation options and procedures
  • compulsory winding-up proceedings
  • debt recovery and enforcement of security
  • legal proceedings against directors for alleged breach of fiduciary duties brought by insolvent companies and liquidators
  • winding-up proceedings involving shareholders and directors based on just and equitable ground
  • sale and purchase of distressed assets, businesses and companies
  • applications to the Hong Kong courts by foreign companies and liquidators to recognize and assist insolvency proceedings in foreign jurisdictions
  • individuals in financial distress and bankruptcy proceedings

New Energy

We support clients acquiring and developing new energy assets, including in the following areas:

·    engineering, procurement and construction

·     land use rights

·     due diligence

·     mergers and acquisitions

·     joint ventures (including private equity investing)

·     power purchase agreements or offtake agreements

·     projects and developments

·     financing

·     alternative means funding and refinancing

·     operations and maintenance

·     asset management

·     intellectual property protection

·     contract enforcement

Energy Transitions

In collaboration with global efforts to decarbonise, we support the conventional and unconventional hydrocarbons industry during this transition in the following areas:

·     energy tech

·     mergers and acquisitions

·     sell and buy side auctions

·     equity and debt or reserve-based lending financing

·     equity joint ventures

·     operating agreements

·     liquified natural gas and liquified natural gas price reviews

·     unitization

·     area of mutual interest agreements

·     joint bidding or studies and seismic acquisitions

·     rig contracts

·     contract enforcement