A Sichuan corporate group faced insolvency difficulties amid shareholder disputes and related proceedings. Its assets included approximately 2,000 mu of state-owned land-use rights and nearly one million square metres of completed property. The client sought to protect shareholder interests and achieve an exit through restructuring.
Li Shu’s team worked on procedural issues, asset identification and valuation, and shareholder protection. It collaborated with prospective investors on debt repayment and restructuring arrangements and participated in negotiations affecting shareholder interests.
According to YunTing’s account, the creditors’ meeting and shareholder voting group approved the restructuring plan, a strategic investor was introduced and the project restarted. Shareholders exited for consideration in the hundreds of millions of renminbi. The source also reported that a high people’s court selected the matter among its ten representative bankruptcy cases.