Hong Kong

Hong Kong has established itself as an important hub for cross-border restructuring and asset recovery, both across the Asia-Pacific region and for companies with interests in the People’s Republic of China (PRC) in particular. However, it takes deep local knowledge to navigate the Chinese legal system. Equally important is the international collaboration needed to deal with complex cross-border entity structures, many of which stretch from the Far East to offshore centres around the globe. Here we share top tips for securing a successful outcome in the challenging cross-border restructuring and asset recovery arena that centres around Hong Kong.

Default and insolvency risks are mounting right across the Asia-Pacific region. However, investors’ and creditors’ efforts to preserve value and recover assets can be hampered by opaque legal processes and complex cross-border entity structures, many of which stretch from the Far East and South East Asia to offshore centres around the globe. So how can you as an investor or creditor boost your chances of recovery? In the first in a series of articles focusing on insolvency and restructuring in the interconnected Asia-Pacific corridor, we look at why a combination of local knowledge, international collaboration and hands-on intervention are so critical in securing the right result.

Cross-border advisory firm Quantuma has appointed experienced practitioner, Brian Wong as a director in its Asia Pacific practice. Brian will be based from Quantuma’s premises in Hong Kong and will work closely with the firm’s team in Singapore. A seasoned restructuring practitioner, Brian’s experience spans all aspects of corporate and personal insolvency, restructuring and advisory work.