Zhong Lun Wins Bid to Act as Outside Counsel for China Cinda Asset Management Corporation
Zhong Lun Wins Bid to Act as Outside Counsel for China Cinda Asset Management Corporation
Zhong Lun Law Firm has recently won a bid to act as outside legal counsel for China Cinda Asset Management Corporation, which, along with its subsidiaries, principally engages in non-performing asset undertaking, management, and disposal.
Zhong Lun formed a tailored professional legal service team, which was led by the firm’s managing partner Zhang Xuebing and also composed of partners Liu Yuming, Liu Borong, Feng Jiyong, Shirley Xu, Hao Han, Cheng Jun, Chen Jihong and Wang Yanzhuo. The team is capable of advising on matters in connection with real estate and construction, corporate and securities, financial non-performing assets disposal, banking and finance, trust, securitization and structured finance, private equity and venture capital, overseas investment, dispute resolution, bankruptcy and liquidation, and intellectual property, fully demonstrating the firm’s professionalism and strengths in counseling large-scale financial institutions.
In recent years, Zhong Lun has successfully advised a number of large financial institutions, business groups and financial holding groups on daily legal matters. The firm also has a long-time cooperation with China Cinda Asset Management Corporation which awarded the firm as its "Outstanding Agency in 2009" to show its trust in the firm.
China Cinda Asset Management Corporation provide services such as acquiring and operating non-performing asset in local and foreign currencies; debts collection; assets leasing, transferring, and restructuring; swapping debts into equity and temporarily holding the equity; sponsoring stock listing and underwriting relevant bonds or stocks within its managed assets; non-performing asset securitization upon approval; issuance of financial bonds and borrowing from financial institutions; and financial/legal advisory services and asset evaluations.