Zhonglun W&D Law Firm has been deeply engaged in bankruptcy and liquidation since the 1990s, making it one of China’s earliest law firms practicing in this area. The firm’s Beijing headquarters has long been listed on the bankruptcy administrator panel of the Beijing High People’s Court. The Firm has advised creditors, debtors, reorganization investors, administrators and compulsory liquidation teams in a full range of bankruptcy projects, garnering rich experience across all key roles in bankruptcy and liquidation practice. It was initially included in the Beijing Institutional Administrator List for Enterprise Bankruptcy Cases in 2007 and re-listed in 2018. Its branches in Tianjin, Taiyuan, Shenzhen, Chengdu, Chongqing, Changsha and other cities have since been enrolled on local courts’ administrator rosters, forming a nationwide service network for bankruptcy and liquidation matters.
The firm brings together seasoned lawyers with integrated expertise in law, finance, and taxation to provide holistic end-to-end legal services. It has established formal collaborative frameworks with the Supreme People’s Court, core ministries and commissions, securities companies, and accounting firms, supporting efficient management of major cross-border and multidisciplinary cases. The firm has handled thousands of bankruptcy and liquidation cases to date, serving hundreds of large state-owned enterprises, private companies, and listed firms, with the total claims and indebtedness involved over hundreds of billions of RMB. It has also participated in policy drafting and judicial interpretation, securing an exceptional reputation within the sector.
Boasting over two decades of dedicated practice, our team upholds the principle of “leveraging expertise, fostering collaboration, and integrating resources”. It delivers customized legal services for distressed businesses and balances the interests of all stakeholders involved. On key frontier issues such as pre-packaged reorganization and creditor repayment, our team has authored professional articles, put forward legislative proposals and published authoritative publications, contributing to the modernization of the bankruptcy law practices. Moving forward, our firm will keep abreast of supply-side structural reform and business environment upgrading, and keep improving its legal services. We strive to deliver top-tier legal services for bankruptcy, liquidation and special asset management, facilitating the sound growth of the economy.
Service Advantages
- (I) Extensive Experience and Exceptional Expertise
Zhonglun W&D Law Firm has handled bankruptcy and liquidation cases dating back to the early 1990s. As a long-term member on the Beijing High People’s Court Bankruptcy Administrator Panel, our Beijing headquarters has managed numerous bankruptcy and compulsory liquidation matters. We have also served as legal counsel for creditors, administrators and debtors across a host of bankruptcy-related cases. Our branches in Tianjin, Guangzhou, Taiyuan and other cities have been formally enrolled on the local courts’ bankruptcy administrator rosters. Meanwhile, our firm has cultivated and recruited a large number of seasoned lawyers with expertise in bankruptcy and liquidation practices.
Our lawyers regularly advise on corporate bankruptcy and liquidation, mergers and acquisitions, major asset restructuring, equity investments and related corporate transactions. The Firm cultivates longstanding, high-level working relationships with the Supreme People’s Court, China Securities Regulatory Commission, National Development and Reform Commission, Ministry of Commerce, State Administration of Foreign Exchange, Ministry of Finance, State Taxation Administration, People’s Bank of China, China Banking Regulatory Commission and China Insurance Regulatory Commission, as well as leading securities firms, investment banks, accounting firms and asset appraisal institutions. These established networks allow the Firm to provide clients with high-quality, efficient legal services.
Years of legal practice have endowed Zhonglun W&D Law Firm with extensive experience. Our lawyers holds bachelor’s, master’s and doctoral legal degrees, combining profound academic expertise with hands-on experience. Several of our lawyers have pursued advanced studies in the United States, the United Kingdom, France, Canada, Germany, the Netherlands, Switzerland, Australia, Japan and Hong Kong, China. The firm also regularly sends its lawyers for study and training programs in the United States, the United Kingdom, Australia and Hong Kong, China, continuously enhancing the international practice capacity of our legal team.
- (II) Professional and Standard Legal Services
Zhonglun W&D Law Firm operates under a rigorous and scientific management system, with specialized expertise serving as the foundation of the firm. Highly collaborative teamwork is integral to its professional practice. For each client matter, a team of experienced lawyers specializing in the relevant field is assigned to deliver high-quality,professional legal services. It has established formal collaboration mechanisms among lawyers, enabling each team to secure timely professional support from colleagues. For high-stakes and complex issues, the firm can promptly activate internal review procedures to ensure full participation of senior lawyers and experts in strategic deliberation. Throughout the project, the firm dynamically adjusts and refines its legal team based on practical needs, committing to delivering top-tier legal services for clients.
Drawing on years of practice, Zhonglun W&D Law Firm has developed a diversified, client-centered service system. In addition to delivering traditional legal services, the firm actively participates in clients’ key decision-making processes by offering forward-looking policy analysis and strategic guidance. Furthermore, through its innovative legal service model, the firm assess and uncover potential structural and governance vulnerabilities so as to mitigate latent risks before they arise.
- (III) Abundant Social and Public Resources
As a law firm deeply rooted in China, Zhonglun W&D Law Firm boasts an in depth understanding of the domestic political, social and cultural environments. Over the years, the firm has consistently prioritized building and sustaining robust collaborate ties with government agencies, judicial organs, central state-owned enterprises, professional associations, and local bar associations at all levels, cultivating a wide-ranging network of public resources. The firm’s practicing lawyers actively contribute to the drafting and review of various legislative initiatives in China and serve as long-term legal consultants for both central, local government departments and central state-owned enterprises. Furthermore, the firm has established efficient collaboration mechanisms and close strategic partnerships with numerous renowned domestic and international law firms, accounting firms, foreign consulates and chambers of commerce, and international bar associations. With nearly two decades of legal services in bankruptcy and liquidation, Zhonglun W&D Law Firm maintains seamless and efficient working relations with numerous large domestic and international real estate companies, real estate agencies, land reserve centers, trust companies, financial advisors, and appraisal institutions—demonstrating its strong capability in mobilizing social and public resources.
- (IV) Leading Legal Professionals and Abundant Research Output
As the legal system evolves, legal practice continuously develops new models and areas of practice. Zhonglun W&D Law Firm prioritizes legal research to keep pace with this trend. While providing legal services to clients, the firm and its lawyers have not only accumulated rich practical experience but also continuously summarized and researched, delivering effective legal services for various high-profile and complex issues, resulting in abundant research outcomes and publications.
Furthermore, the firm regularly collates and provides clients, relevant industry associations, and partners with timely updates on the latest Chinese civil and commercial laws, regulations, rules, and policies. It also issues in-house periodicals including the “Zhonglun W&D Journal”.
