Connie Lau
Managing Director, Head of Greater China
Connie Lau is a Managing Director and Head of Greater China at Perun Consultants.
Connie has over 20 years of experience in restructuring and insolvency work, gained in a Big 4 environment. She started her career with financial restructuring engagements and assisted bank creditors in the restructuring of listed companies in the early 2000s. She was the senior engagement leader in the liquidation of Lehman Brothers. She has led several high profile, complex cross-border insolvency cases which involved appointments at the offshore level with significant operations in China. She acts as the receiver and liquidator of companies in various jurisdictions such as the BVI, Cayman Islands and Hong Kong.
Apart from restructuring and insolvency engagements, Connie is also highly experienced in non-performing loan (NPL)/distressed asset transaction work in China and the Asia Pacific region. She was involved in the first round of NPL disposals in China when the Big Four Chinese Banks went for IPOs. She has also assisted state-owned banks and commercial banks with NPL disposals in China since 2014. Over the last few years, she has been assisting offshore distressed and special situations funds on sourcing distressed investment opportunities, due diligence, as well as providing advice on structuring and other matters on NPL acquisition and refinancing of distressed companies.
Representative engagements
Appointed as the receiver over the shares of companies registered in the British Virgin Islands, Cayman Islands and Hong Kong, whose assets are mainly properties, listed company shares or operating businesses in Hong Kong and China in various occasions.
Appointed as receiver over the shares of a BVI company whose underlying asset is a large property development project in Hong Kong.
Appointed as the receiver over the shares of a Cayman Islands company principally engaged in sports and entertainment platforms.
Appointed as the receiver of a Cayman registered fund by the Cayman Court on a number of occasions to deal with the liquidation of the fund and the distribution of assets.
Appointed as the liquidator by the Hong Kong Court on a number of occasions, including companies engaged in construction, manufacturing or investment holding.
Voluntary liquidator of companies registered in the British Virgin Islands, Cayman Islands and Hong Kong.
Appointed liquidator by the Court as liquidator of Reebonz Holding Limited, an online consumer goods trading platform.
Appointed as the scheme administrator of Helenbergh China Holdings Limited, a large scale property developer in China.
Acted as the engagement leader in the liquidation of Titan Group Investment Limited, an oil and logistics operator with significant operations in China.
Acted as the engagement leader in the liquidation of Lehman Brothers Hong Kong entities. A highly complex liquidation case which involved the review of various types of financial products in multiple jurisdictions.
Acted as the engagement leader in the provisional liquidation of a US listed company which provided educational services in China.
Led a team of over 10 Hong Kong and Vietnamese staff in the financial restructuring of Vietnam Shipbuilding Industry Group (Vinashin), the first scheme of arrangement for a Vietnamese company.
Provided debt advisory and cash flow forecast services to a solar energy company in China.
Acted as the financial advisor to Chinese state-owned banks and commercial banks in the disposal of NPL portfolios in China, Hong Kong and the APAC region.
Acted as the financial advisor to assist in the restructuring of a distressed listed company in Hong Kong which principally engaged in the sales and distribution of liquefied petroleum gas in China.
Assisted in the financial restructuring and cashflow monitoring of a listed jewelry company in Hong Kong.
Assisted in the receivership of a bookstore in Hong Kong.
Assisted the receivers to take control of a BVI entity with substantial operations relating to power generation in China.
Conducted an Independent Business Review for a Chinese Bank in the assessment of the business viability of a pharmaceutical company in China.
Coordinated the UK and China teams to provide due diligence service to a distressed investment fund in its strategic investment into a Big 4 AMC in China.
Court appointed liquidator of a Hong Kong company affected by misappropriation of funds.
Liquidator of a company engaged in surveillance and security related systems assisting on a rescue plan to sell the UK listing status.
Prepared the liquidation analysis for a large Chinese conglomerate with 11 group entities as supporting evidence to defense in a Hong Kong winding-up.
Provided due diligence services to a distressed investment fund in relation to loans provided to real estate companies in China.
Provided due diligence services to a private equity fund on its potential acquisition of a NPL servicing platform in China.
Professional qualifications
Member of the American Institute of Certified Public Accountants
Member of the Hong Kong Institute of Certified Public Accountants (HKICPA)
Member of the Restructuring and Insolvency Faculty, HKICPA
Special Qualification (Insolvency) issued by HKICPA
Bachelor of Economics, The University of Hong Kong
Languages
English
Cantonese
Mandarin
