{"id":11068,"date":"2026-03-06T19:24:04","date_gmt":"2026-03-06T11:24:04","guid":{"rendered":"https:\/\/hkytl.com\/?page_id=11068"},"modified":"2026-10-14T19:29:13","modified_gmt":"2026-10-14T11:29:13","slug":"liquidation-winding-up","status":"publish","type":"page","link":"https:\/\/hkytl.com\/cn\/hong-kong-ytl-llp-law-firm-practice-areas\/liquidation-winding-up\/","title":{"rendered":"\u6e05\u7b97\u53ca\u6e05\u76d8"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"11068\" class=\"elementor elementor-11068\" data-elementor-settings=\"{&quot;ha_cmc_init_switcher&quot;:&quot;no&quot;}\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b42d5aa e-con-full e-flex e-con e-parent\" data-id=\"b42d5aa\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t<div class=\"elementor-element elementor-element-6a8fbd4 e-con-full e-flex e-con e-child\" data-id=\"6a8fbd4\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-91e0e45 elementor-widget elementor-widget-heading\" data-id=\"91e0e45\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Liquidation &amp; Winding-Up<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c529e43 e-con-full e-flex e-con e-child\" data-id=\"c529e43\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1a749c0 elementor-widget elementor-widget-image\" data-id=\"1a749c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"6000\" height=\"4000\" src=\"https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2021\/06\/sean-pollock-PhYq704ffdA-unsplash-2.jpg?fit=6000%2C4000&amp;ssl=1\" class=\"attachment-full size-full wp-image-1254\" alt=\"\" srcset=\"https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2021\/06\/sean-pollock-PhYq704ffdA-unsplash-2.jpg?w=6000&amp;ssl=1 6000w, https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2021\/06\/sean-pollock-PhYq704ffdA-unsplash-2.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2021\/06\/sean-pollock-PhYq704ffdA-unsplash-2.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2021\/06\/sean-pollock-PhYq704ffdA-unsplash-2.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2021\/06\/sean-pollock-PhYq704ffdA-unsplash-2.jpg?resize=1536%2C1024&amp;ssl=1 1536w, https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2021\/06\/sean-pollock-PhYq704ffdA-unsplash-2.jpg?resize=2048%2C1365&amp;ssl=1 2048w, https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2021\/06\/sean-pollock-PhYq704ffdA-unsplash-2.jpg?resize=1200%2C800&amp;ssl=1 1200w, https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2021\/06\/sean-pollock-PhYq704ffdA-unsplash-2.jpg?w=2400&amp;ssl=1 2400w, https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2021\/06\/sean-pollock-PhYq704ffdA-unsplash-2.jpg?w=3600&amp;ssl=1 3600w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" data-attachment-id=\"1254\" data-permalink=\"https:\/\/hkytl.com\/cn\/sean-pollock-phyq704ffda-unsplash-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2021\/06\/sean-pollock-PhYq704ffdA-unsplash-2.jpg?fit=6000%2C4000&amp;ssl=1\" data-orig-size=\"6000,4000\" data-comments-opened=\"1\" data-image-title=\"sean-pollock-PhYq704ffdA-unsplash 2\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2021\/06\/sean-pollock-PhYq704ffdA-unsplash-2.jpg?fit=1024%2C683&amp;ssl=1\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b250e9f e-con-full e-flex e-con e-parent\" data-id=\"b250e9f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t<div class=\"elementor-element elementor-element-f69e28f e-con-full e-flex e-con e-child\" data-id=\"f69e28f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-358c488 elementor-widget elementor-widget-text-editor\" data-id=\"358c488\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>Strategic Resolution and Value Preservation in Corporate Insolvency<\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6af0ecb e-con-full e-flex e-con e-child\" data-id=\"6af0ecb\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d75ca99 elementor-widget elementor-widget-text-editor\" data-id=\"d75ca99\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p data-path-to-node=\"3\"><span data-path-to-node=\"3,1\"><span class=\"citation-1166\">YTL LLP provides a level of technical depth and disciplined advocacy essential for navigating the complexities of corporate dissolution<\/span><\/span><span data-path-to-node=\"3,3\">. <\/span><span data-path-to-node=\"3,5\"><span class=\"citation-1165\">While our team offers the high-caliber strategic oversight typically found at global law firms, our boutique structure allows us to serve clients who may be conflicted out by larger practices<\/span><\/span><span data-path-to-node=\"3,7\">. <\/span><span data-path-to-node=\"3,9\"><span class=\"citation-1164\">By utilizing our extensive international firm pedigree, we provide sophisticated, partner-led solutions that are specifically tailored to the nuances of mid-market and cross-border insolvency.<\/span><\/span><\/p><p data-path-to-node=\"3\"><span data-path-to-node=\"4,1\"><span class=\"citation-1163\">Our team is composed of practitioners who have managed some of the most intricate restructuring and insolvency matters in the region<\/span><\/span><span data-path-to-node=\"4,3\">.\u00a0<\/span><\/p><h3 data-path-to-node=\"5\">Our Expertise<\/h3><p data-path-to-node=\"6\">We provide authoritative representation across the full spectrum of liquidation and winding-up procedures:<\/p><ul><li data-path-to-node=\"7,4,1\"><b data-path-to-node=\"7,0,1,0\" data-index-in-node=\"0\"><span class=\"citation-1160\">Compulsory &amp; Voluntary Winding-Up:<\/span><\/b><span class=\"citation-1160\"> Acting for creditors, shareholders, or the company itself in presenting or opposing winding-up petitions<\/span><\/li><li data-path-to-node=\"7,4,1\"><b data-path-to-node=\"7,1,1,0\" data-index-in-node=\"0\"><span class=\"citation-1159\">Corporate Rescue &amp; Restructuring:<\/span><\/b><span class=\"citation-1159\"> Devising creative solutions to resolve credit problems and maximizing value through recapitalization and schemes of arrangement<\/span><span data-path-to-node=\"7,1,1,2\">.<\/span><\/li><li><span data-path-to-node=\"7,2,1,0\"><b data-path-to-node=\"7,2,1,0\" data-index-in-node=\"0\"><span class=\"citation-1158\">Cross-Border Insolvency:<\/span><\/b><span class=\"citation-1158\"> Managing complex cases involving global supply chains, including insolvency representation and recognition applications under the Hong Kong\u2013Mainland arrangements<\/span><\/span><span data-path-to-node=\"7,2,1,2\">.<\/span><\/li><li><span data-path-to-node=\"7,3,1,0\"><b data-path-to-node=\"7,3,1,0\" data-index-in-node=\"0\"><span class=\"citation-1157\">Director Duties &amp; Obligations:<\/span><\/b><span class=\"citation-1157\"> Guiding management on fulfilling statutory duties to creditors and defending interests during corporate reorganizations<\/span><\/span><span data-path-to-node=\"7,3,1,2\">.<\/span><\/li><li><p data-path-to-node=\"7,4,1\"><span data-path-to-node=\"7,4,1,0\"><b data-path-to-node=\"7,4,1,0\" data-index-in-node=\"0\"><span class=\"citation-1156\">Asset Realization:<\/span><\/b><span class=\"citation-1156\"> Working proactively to explore, plan, and unlock remaining value in a business prior to or during the liquidation process<\/span><\/span><span data-path-to-node=\"7,4,1,2\">.<\/span><\/p><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-220d24c e-flex e-con-boxed e-con e-parent\" data-id=\"220d24c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-37b9fa0 elementor-widget elementor-widget-heading\" data-id=\"37b9fa0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Notable Cases<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d43e72d elementor-widget elementor-widget-text-editor\" data-id=\"d43e72d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li><em>Re Value Food Supply Ltd<\/em>[2021] HKCFI 2975, \u00a711<\/li><li><em>Re China Properties Group Limited (in Liquidation)<\/em> [2023] HKCFI 2346<\/li><li><em>Wing Sze Tiffany Wong and Edward Simon Middleton in their capacity as the Joint and Several Liquidators of China Properties Group Ltd (In Liquidation)<\/em> <em> Wong Sai Chung <\/em>[2023] 4 HKLRD 811, [2023] HKCFI 2346<\/li><li><em>Re China Properties Group Ltd<\/em> [2024] HKCA 443<\/li><li><em>Indian Overseas Bank Plaintiff v Seabulk Systems Inc &amp; Others <\/em>[2024] HKCA 522,<\/li><li><em>Wing Sze Tiffany Wong and Edward Simon Middleton in their capacity as the Joint and Several Liquidators of China Properties Group Ltd (In Liquidation) v. Wong Sai Chung and Others<\/em> [2024] HKCFI 539<\/li><li><em>Wong Sai Chung and Others v. The Joint and Several Liquidators of China Properties Group Ltd (In Liquidation)<\/em> [2024] HKCFI 540, 29 February 2024<\/li><li><em>Wong Sai Chung and Others v. The Joint and Several Liquidators of China Properties Group Ltd (In Liquidation)<\/em> [2025] HKCFI 2094, 22 May 2025<\/li><li><em>Top Integrated Group Ltd v. Zhengtan Holdings Ltd <\/em>[2025] 1 HKLRD 151, [2024] HKCFI 3392<\/li><li><em>Zhengtan Holdings Ltd (In Liquidation) and Another v. Yu Ling Ling and Another<\/em> [2026] HKCFI 521<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-729a180 e-flex e-con-boxed e-con e-parent\" data-id=\"729a180\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-338d581 elementor-widget elementor-widget-heading\" data-id=\"338d581\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Recognitions and Affiliation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56edcbb elementor-arrows-position-inside elementor-pagination-position-outside elementor-widget elementor-widget-image-carousel\" data-id=\"56edcbb\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;navigation&quot;:&quot;both&quot;,&quot;autoplay&quot;:&quot;yes&quot;,&quot;pause_on_hover&quot;:&quot;yes&quot;,&quot;pause_on_interaction&quot;:&quot;yes&quot;,&quot;autoplay_speed&quot;:5000,&quot;infinite&quot;:&quot;yes&quot;,&quot;speed&quot;:500}\" data-widget_type=\"image-carousel.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-image-carousel-wrapper swiper\" role=\"region\" aria-roledescription=\"carousel\" aria-label=\"Image Carousel\" dir=\"ltr\">\n\t\t\t<div class=\"elementor-image-carousel swiper-wrapper\" aria-live=\"off\">\n\t\t\t\t\t\t\t\t<div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"1 \/ 7\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2026\/09\/Grip-logo-400x194-300x146-1.webp?fit=300%2C146&amp;ssl=1\" alt=\"Grip-logo-400x194-300x146\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" 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data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Our Insights<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-619fda5 elementor-widget elementor-widget-elementskit-blog-posts\" data-id=\"619fda5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"elementskit-blog-posts.default\">\n\t\t\t\t\t<div class=\"ekit-wid-con\" >        <div id=\"post-items--619fda5\" class=\"ekit-row post-items ekit-blog-post-masonry-inactive\">\n                            <div class=\"post-item ekit-col-4\">\n\n                                            <div class=\"elementskit-post-image-card\">\n                            <div class=\"elementskit-entry-header\">\n                                                                    <a href=\"https:\/\/hkytl.com\/cn\/2026\/08\/12\/ytl-llp-finalist-alb-hong-kong-law-awards-2026\/\" class=\"elementskit-entry-thumb\">\n                                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/hkytl.com\/wp-content\/uploads\/2026\/08\/alb-finalists.webp?fit=300%2C300&#038;ssl=1\" alt=\"YTL LLP Shortlisted in Two Categories at the ALB Hong Kong Law Awards 2026\">\n                                    <\/a><!-- .elementskit-entry-thumb END -->\n                                                                    \n                                \n                                                            <\/div><!-- .elementskit-entry-header END -->\n\n                            <div class=\"elementskit-post-body \">\n                                                                                        <h2 class=\"entry-title\">\n                    <a href=\"https:\/\/hkytl.com\/cn\/2026\/08\/12\/ytl-llp-finalist-alb-hong-kong-law-awards-2026\/\">\n                        YTL LLP Shortlisted in Two Categories at the ALB&hellip;                    <\/a>\n                <\/h2>\n                                                    \n                                                                                                                                    \n                                    \n                                                                                                                                                                                <p>YTL LLP shortlisted for two ALB Hong Kong Law Awards&hellip;<\/p>\n                                                                                                                                                                        <div class=\"btn-wraper\">\n                                        \n                                                                                    <a class=\"elementskit-btn whitespace--normal\" id=\"\" href=\"https:\/\/hkytl.com\/cn\/2026\/08\/12\/ytl-llp-finalist-alb-hong-kong-law-awards-2026\/\">\n                                                                                           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2026 China-Hong Kong Framework for Service of Process\">\n                                    <\/a><!-- .elementskit-entry-thumb END -->\n                                                                    \n                                \n                                                            <\/div><!-- .elementskit-entry-header END -->\n\n                            <div class=\"elementskit-post-body \">\n                                                                                        <h2 class=\"entry-title\">\n                    <a href=\"https:\/\/hkytl.com\/cn\/2026\/05\/21\/hk-mainland-judicial-service-reform-2026\/\">\n                        How to Navigate the New 2026 China-Hong Kong Framework&hellip;                    <\/a>\n                <\/h2>\n                                                    \n                                                                                                                                    \n                                    \n                                                                                                                                                                                <p>Discover the 2026 Hong Kong-Mainland New Arrangement on modernizing cross-border&hellip;<\/p>\n                                                                                                                                                                        <div class=\"btn-wraper\">\n                                        \n                                                                                    <a class=\"elementskit-btn whitespace--normal\" id=\"\" href=\"https:\/\/hkytl.com\/cn\/2026\/05\/21\/hk-mainland-judicial-service-reform-2026\/\">\n                                                                                                Read more                                             <\/a>\n                                                                            <\/div>\n 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            \n                                \n                                                            <\/div><!-- .elementskit-entry-header END -->\n\n                            <div class=\"elementskit-post-body \">\n                                                                                        <h2 class=\"entry-title\">\n                    <a href=\"https:\/\/hkytl.com\/cn\/2026\/04\/13\/ytl-llp-alb-hong-kong-firm-to-watch-2026\/\">\n                        YTL LLP recognised by ALB as a &#8220;Firm to&hellip;                    <\/a>\n                <\/h2>\n                                                    \n                                                                                                                                    \n                                    \n                                                                                                                                                                                <p>YTL LLP named ALB 2026 Firm to Watch in HK.&hellip;<\/p>\n                                                                                                                                                                        <div class=\"btn-wraper\">\n                                        \n                                                                                    <a class=\"elementskit-btn whitespace--normal\" id=\"\" href=\"https:\/\/hkytl.com\/cn\/2026\/04\/13\/ytl-llp-alb-hong-kong-firm-to-watch-2026\/\">\n                                                                                                Read more                                             <\/a>\n                                                                            <\/div>\n                                                            <\/div><!-- .elementskit-post-body END -->\n                        <\/div>\n                    \n                <\/div>\n                    <\/div>\n    <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Liquidation &amp; Winding-Up Strategic Resolution and Value Preservation in Corporate Insolvency YTL LLP provides a level of technical depth and disciplined advocacy essential for navigating the complexities of corporate dissolution. While our team offers the high-caliber strategic oversight typically found at global law firms, our boutique structure allows us to serve clients who may be [&hellip;]<\/p>\n","protected":false},"author":206252482,"featured_media":0,"parent":10817,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_thinkrank_schema_form_data":"","_thinkrank_selected_schema_type":"","_thinkrank_additional_schemas":"","_thinkrank_canonical_url":"","_thinkrank_og_title":"","_thinkrank_og_description":"","_thinkrank_og_image":"","_thinkrank_twitter_title":"","_thinkrank_twitter_description":"","_thinkrank_twitter_image":"","_thinkrank_imported_from":"","_thinkrank_focus_keywords":[],"_thinkrank_focus_keyword":"","_thinkrank_robots_meta_enabled":0,"_thinkrank_robots_meta":"","_thinkrank_advanced_robots_meta":"","_thinkrank_primary_category":0,"_wpcom_ai_launchpad_about_page":false,"_wpcom_ai_launchpad_gallery_page":false,"_wpcom_ai_launchpad_contact_page":false,"_wpcom_ai_launchpad_events_page":false,"_wpcom_ai_launchpad_video_page":false,"_wpcom_ai_launchpad_portfolio_piece":false,"_xspeed_no_cache":false,"_xspeed_expiry_hours":0,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"footnotes":""},"class_list":["post-11068","page","type-page","status-publish","hentry","entry","has-media"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.4 - aioseo.com -->\n\t<meta name=\"description\" content=\"YTL LLP named ALB 2026 Firm to Watch in HK. 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