Liquidation & 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 conflicted out by larger practices. 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.

Our team is composed of practitioners who have managed some of the most intricate restructuring and insolvency matters in the region. 

Our Expertise

We provide authoritative representation across the full spectrum of liquidation and winding-up procedures:

  • Compulsory & Voluntary Winding-Up: Acting for creditors, shareholders, or the company itself in presenting or opposing winding-up petitions
  • Corporate Rescue & Restructuring: Devising creative solutions to resolve credit problems and maximizing value through recapitalization and schemes of arrangement.
  • Cross-Border Insolvency: Managing complex cases involving global supply chains, including insolvency representation and recognition applications under the Hong Kong–Mainland arrangements.
  • Director Duties & Obligations: Guiding management on fulfilling statutory duties to creditors and defending interests during corporate reorganizations.
  • Asset Realization: Working proactively to explore, plan, and unlock remaining value in a business prior to or during the liquidation process.

Notable Cases

  • Re Value Food Supply Ltd[2021] HKCFI 2975, §11
  • Re China Properties Group Limited (in Liquidation) [2023] HKCFI 2346
  • Wing Sze Tiffany Wong and Edward Simon Middleton in their capacity as the Joint and Several Liquidators of China Properties Group Ltd (In Liquidation) Wong Sai Chung [2023] 4 HKLRD 811, [2023] HKCFI 2346
  • Re China Properties Group Ltd [2024] HKCA 443
  • Indian Overseas Bank Plaintiff v Seabulk Systems Inc & Others [2024] HKCA 522,
  • 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 [2024] HKCFI 539
  • Wong Sai Chung and Others v. The Joint and Several Liquidators of China Properties Group Ltd (In Liquidation) [2024] HKCFI 540, 29 February 2024
  • Wong Sai Chung and Others v. The Joint and Several Liquidators of China Properties Group Ltd (In Liquidation) [2025] HKCFI 2094, 22 May 2025
  • Top Integrated Group Ltd v. Zhengtan Holdings Ltd [2025] 1 HKLRD 151, [2024] HKCFI 3392
  • Zhengtan Holdings Ltd (In Liquidation) and Another v. Yu Ling Ling and Another [2026] HKCFI 521

Recognitions and Affiliation

Our Insights

YTL LLP Shortlisted in Two Categories at the ALB Hong Kong Law Awards 2026

YTL LLP Shortlisted in Two Categories at the ALB…

YTL LLP shortlisted for two ALB Hong Kong Law Awards…

How to Navigate the New 2026 China-Hong Kong Framework for Service of Process

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Discover the 2026 Hong Kong-Mainland New Arrangement on modernizing cross-border…

YTL LLP recognised by ALB as a “Firm to Watch” in Hong Kong

YTL LLP recognised by ALB as a “Firm to…

YTL LLP named ALB 2026 Firm to Watch in HK.…