In preparation for a post COVID-19 world, Chinese outbound investors have begun to source for bargain deals in other countries, with markets characterised by corporate restructurings, low prices, depressed valuations, distressed assets, and fire sales. In this article, we briefly set out some suggestions for Chinese outbound investors when entering into bargain M&A deals in this unprecedented M&A landscape.
China, Corporate Finance/M&A, Insolvency & Restructuring, King & Wood Mallesons, Due diligence, Force majeure, Coronavirus
The liquidator of Onslow Ditching Ltd (ODL), sought a declaration against two directors (on three grounds), seeking damages/fines or a contribution of assets from each director for:
United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Locke Lord LLP, Unsecured debt, Breach of contract, Fiduciary, Liability (financial accounting), Liquidation, Balance sheet, Liquidator (law), High Court of Justice (England & Wales)