ZhongYin (Chengdu) Assists Orient AM (Sichuan) with Successful Acquisition of ￥ 1 Billion Non-financial Distressed Debt
Recently, Zhong Yin (Chengdu) Law Firm has won a bid and become the
external legal counsel of Sichuan Branch of China Orient Asset Management Co.,
Ltd. (short name Orient AM (Sichuan)) for acquisition of two non-financial
distressed debts, totaling more than RMB 1 billion from Chongqing XX Real
Gui Bo and Huang Kaiwen, two members of the team led by Li Xinwei,
conducted due diligence on the distressed debts and issued legal opinions.
After the acquisition plan was approved at an internal meeting of the client,
they participated in all the way and assisted with the specific acquisition deal
and the entire proposed debt restructuring. The team of Li Xinwei are highly
praised by all parties for their professional legal services, efficient
communication skills and rapid response. They have successfully assisted Orient
AM with the 3rd deal of acquisition of distressed debt, amounting the total
amount of claims of various projects to over RMB 2 billion.
The team of Li Xinwei has extensive experience in practicing in investment
& financing. The scope of service covers regular legal counsel, advising
clients exclusively on investment & financing, assets disposal, merger
& acquisition, restructuring or the like, or NEEQ listing, IPO or other
matters in the capital market, and representing clients in civil and commercial
dispute resolution through litigation, arbitration or the like.