China -  Chinese law firm

Bankruptcy and Reorganization

The Bankruptcy Practice Group at LEHMAN, LEE & XU is dedicated to representing a diverse range of Chinese and overseas creditor interests in distressed companies and debtors.


Our clientele comprises secured and unsecured creditors, debtors, lessors, equity interests, trustees, examiners, and potential buyers of businesses or assets. We have served clients across various industries, including intellectual property, manufacturing, gaming, high tech, and real estate, with a focus on debt collection, creditors' rights, work-outs, wind-ups in bankruptcy, defense of consumer claims, and other administrative, regulatory, and civil litigation.


Despite our attorneys possessing solid credentials and decades of experience, our success in the field has been built on classic values such as diligent legwork and ethical practices. We adhere to a traditional approach while staying current with the law, China's legal precedents, regulatory, administrative, and debtor/creditor, trustee strategies to address modern challenges.


Our primary clients encompass investors of distressed assets, financial services companies, insurance brokers, insurance, reinsurance, hi-tech, manufacturers, retailers, service companies, energy producers and traders, institutional lenders, and a diverse array of international businesses throughout China and abroad. Additionally, our lawyers represent trade groups and other corporate clients and creditors in bankruptcy proceedings, litigation, arbitration, and appeals. We are open to consultations or special appearances for creditor representation in bankruptcy matters across China.


The Firm consistently handles cases involving:


- Administration of debtors' estates


- Defense of adversary proceedings, covering preferential payments, fraudulent transfers, turnovers, lien avoidance, and set-offs


- Defense and pursuit of guarantors


- Defense of tax-related matters


- Out-of-court work-outs and various other commercial collection issues, regardless of size


- In-court representation work


- Assisting secured creditors in seeking relief


- Representing secured creditors in cash collateral issues


- Representation in bankruptcy proceedings


- Dealing with government regulators in bankruptcy court


- Pursuing and defending bankruptcy litigation, including suits to recover preferences or fraudulent conveyances, objections to discharge or dischargeability, and actions regarding the enforcement and validity of liens


- Assisting purchasers in acquiring assets from bankruptcy estates


Our team is committed to providing cost-effective and prompt legal services for all matters. For more information, please send a message to


Bankruptcy: A way to restructure your business in bad times

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