News

Recently, the Shanghai Out-of-Court Restructuring Center officially released the list of its first batch of independent restructuring advisors (institutions). Hui Ye Law Firm, with its professional strength and extensive experience in bankruptcy reorganization and debt restructuring, was successfully selected for this list.

The list underwent multi-level review by the Center's director meetings, strategic guidance committee, and board of directors, ultimately selecting 42 institutions from those that submitted applications for inclusion in the independent restructuring advisor database.

The Shanghai Out-of-Court Restructuring Center was established by the Shanghai Oriental International Commercial Mediation Institute. It is a professional out-of-court restructuring institution focused on enterprise risk resolution and restructuring and regeneration in key sectors such as technology innovation, real estate, and finance. Adhering to the principles of "government guidance, market operation, and judicial support," the Center is committed to assisting enterprises in overcoming difficulties by self-help through rule-of-law, professional, and market-oriented approaches, thereby optimizing the business environment. The Center has established a full-process service system integrating enterprise status assessment, scheme design, creditor coordination, investment matchmaking, and performance restoration. The Center innovatively replaces the traditional concept of "distressed enterprises" with "enterprises in need," breaking away from the conventional scope of accepting cases based on "bankruptcy causes," and encouraging enterprises to utilize restructuring tools at an early stage of risk, addressing the industry-wide pain point of "intervention coming too late." In addition, the Shanghai No. 3 Intermediate People's Court and the Shanghai Oriental International Commercial Mediation Institute jointly signed the "Memorandum of Cooperation on the Connection Mechanism for Enterprise Out-of-Court Restructuring Work."

Previously, Hui Ye was successively selected as one of the first batch of enterprise restructuring consulting experts (restructuring officers) for the North Bund Enterprise Out-of-Court Restructuring Center and one of the first batch of professional service institutions for the Yangtze River Delta Out-of-Court Restructuring Center. This time, Hui Ye has also been selected for the Shanghai Out-of-Court Restructuring Center's first batch of independent restructuring advisors (institutions). The professional strength and practical experience of Hui Ye's bankruptcy practice team in the field of out-of-court restructuring continue to gain recognition from the market and the industry. Hui Ye and its bankruptcy practice team will take this opportunity to further leverage their professional advantages, provide comprehensive and high-quality restructuring and distress relief legal services to distressed enterprises, and actively contribute to the regeneration of market entities and the optimization of the business environment.

Hui Ye Law Firm is a leading comprehensive law firm in China renowned for its strength in commercial legal services, with 43 offices established globally to date. In recent years, Hui Ye has been successively ranked by ALB as one of the Top 30 Asia-Pacific Law Firms and among the Top 15 Largest Law Firms in China. Multiple practice areas have been ranked in annual lists of top law firms and lawyers by Chambers, ALB, Asialaw, Benchmark, China Business Law Journal, LEGALBAND, and The Legal 500. Debt restructuring and bankruptcy is one of Hui Ye's core strength practice areas. Hui Ye became one of the first bankruptcy administrators in Shanghai in 2007 and has consistently been listed in the first-tier administrator roster. Currently, Hui Ye has obtained bankruptcy administrator qualifications in more than ten provinces and cities nationwide. Hui Ye's bankruptcy practice team has long focused on bankruptcy liquidation and reorganization, pre-reorganization, compulsory liquidation, debt restructuring, and risk resolution for distressed enterprises, handling numerous major, difficult, and complex bankruptcy and compulsory liquidation projects. Multiple bankruptcy cases have been selected as typical cases by the Supreme People's Court and local bankruptcy tribunals.