My HK company can’t pay suppliers—can I negotiate a scheme of arrangement to avoid winding-up?
Lawyer Answers
TITUS Solicitors
In Hong Kong, a scheme of arrangement may be a viable option for companies facing cashflow pressure but still looking to preserve the business and reach a structured compromise with creditors. The right approach will depend on your company’s financial position, creditor mix, and how urgent the creditor action is, so early advice is very important.
If handled properly and at the right stage, there may be ways to stabilise the situation, engage creditors, and work towards a practical restructuring solution rather than allowing matters to escalate immediately into a winding-up scenario.
Our team at TITUS advises on Hong Kong restructuring, insolvency risk, and creditor negotiations, and we would be glad to assess your position and discuss possible next steps.
Please reach out to us to arrange a consultation as soon as possible — the earlier you act, the more options you are likely to have.
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