The Chinese real estate market has been in the headlines for some time now as a hot spot for restructurings, in contrast to many other parts of the world where restructuring activity remains low. There is a lot of speculation about how offshore bondholders in particular will be treated in these Chinese restructurings. This article, published in Global Turnaround, talks about the wave of Chinese real estate companies seeking large-scale debt restructuring of offshore liabilities and how Sidley has increasingly become the go-to firm to guide organizations through these complex restructurings.
Sidley partners who are active in this space include Jifree Cader, Mark Knight, Gordon Davidson, Anthony Grossi, Alex Rovira, Constance Choy, Matthew Sheridan, Renee Xiong, Carrie Li, Olivia Ngan, Desmond Ang, Raymond Oh, and Oliver Zhong.
This article first appeared in the May 2022 edition of Global Turnaround magazine. Global Turnaround is the leading source of market intelligence for the restructuring and bankruptcy industry and is read in over 70 countries. To find out more, go to www.globalturnaround.com.
