Month: June 2021

Reconsidering the need for parallel schemes of arrangement

The cautious and prudent approach for distressed companies pursuing a Hong Kong scheme of arrangement is to simultaneously pursue a parallel scheme in their home jurisdiction, even if most if not all of its debts are governed by Hong Kong laws. The rationale is to prevent hostile creditors from disrupting the implementation of the scheme in another jurisdiction, thereby better insulating the distressed company.

Gall Announces Latest Round of Promotions

1st June, 2021 – Gall, a leading independent Hong Kong law firm focusing primarily on dispute resolution, announced today the promotions of Felda Yeung from Senior Associate to Of Counsel, and Yandy Lam, Chantelle Woo and Ashima Sood from Associate to Senior Associate. The promotions take place with immediate effect.