Cases

Hylands Successfully Resolved Disputes Over Contracts Among a Construction Group Company, an Enterprise Group Company in Guangdong, and a Real Estate Development Company

2019-03-20

The disputes involved an amount of approximately CNY 900 million. In this case, Hylands’ legal team acted as the agent of the construction group company. All legitimate rights and interests of the client were protected through property preservation, litigation, arbitration, and other legal means. After the bankruptcy of the counterparties, Hylands’ legal team declared its creditor’s rights as a creditor, actively participated in the bankruptcy settlement process, fully communicated with the bankruptcy administrator, and introduced a third party to conduct the overall debt restructuring, resolving the bankruptcy claims, arbitration claims and combining the relevant execution procedures and arbitration procedures in a unified manner. At the same time, the legal team also properly solved the relationship between equity and creditor’s rights, and finally achieved the recovery of full creditor’s rights. The disputes not only involved complex entities but also involved litigation, arbitration, bankruptcy settlement, debt restructuring, and other procedures. Lawyers were required to provide effective operation plans for achieving seamless connection in each procedure and maximizing the interests of the parties. Under such circumstances, Hylands’ legal team participated in the whole process and proposed and properly implemented solutions at every step, so that the interests of the client were completely protected.