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