Can an insolvent HK company use a scheme of arrangement to restructure debts without liquidation, and what does the process involve?

In Hong Kong
Last Updated: Nov 6, 2025
I'm considering options beyond liquidation for my Hong Kong company facing serious debts. I want to understand how a scheme of arrangement works, who signs off, and how long it takes. Do I need legal representation to initiate and negotiate with creditors?

Lawyer Answers

Hauzen LLP

Hauzen LLP

Nov 6, 2025
Maybe, depends on stage of insolvency, but in principle a scheme of arrangement could be a feasible way.
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