Translator:Wang Yichun
Landing Law Offices, capitalizing on its longstanding expertise in overseas investment, has recently teamed up with Deacons, a prestigious Hong Kong Law Firm. Together, they've been appointed for the liquidation and deregistration project of Daliangang Group Co., Ltd.'s overseas entities.
This initiative demands law firms to demonstrate exceptional overseas service capabilities, maintain domestic and international branches, and showcase expertise in overseas company liquidation, deregistration, and tax strategies. The project encompasses both tax advisory and legal consultation services for the liquidation and deregistration of Daliangang Group Co., Ltd.’s overseas entities. This entails crafting liquidation strategies, securing necessary approvals, and spearheading post-approval implementations.
Landing's Dalian branch, serving as the project's helm and chief coordinator, managed the bid and its execution. Their extensive overseas service experience and robust capabilities ensured their successful selection, reinforcing Landing Law Offices' dominant position in overseas investment ventures.
Established in 1899, Dalian Port boasts a rich history spanning over a century. Founded in April 2003, Daliangang Group Co., Ltd. is a national 3A credit-rated enterprise with a registered capital exceeding 23 billion yuan. As a top-tier port with assets surpassing 700 billion yuan, it's the beacon of the international shipping center in Northeast Asia. In light of the strategic elevation of Dalian Port as the international shipping center and the Liaoning Coastal Economic Zone, Daliangang Group Co., Ltd. has witnessed exponential growth. It currently boasts over 100 state-of-the-art specialized berths catering to containers, crude oil, refined oil, bulk ore, grain, coal, and ro-ro. Additionally, it has more than 70 berths that can accommodate vessels over 10,000 tons. In sectors like oil and liquid chemical storage, transfer, and distribution, both domestic and international container transportation, ore transfer and storage, vehicle ro-ro transportation, bulk cargo, grain transport, and passenger services, the group maintains a domestic top-tier and internationally leading position.
Deacons, the partnering firm for this bid, stands as Hong Kong's most established and expansive independent law firm. With a roster of 54 partners, over 200 lawyers, and a staff exceeding 700, they have a significant presence with offices in Beijing, Shanghai, and Guangzhou. Renowned for their broad expertise, Deacons excels in commercial affairs. Their Hong Kong-based commercial transactions team, nearing a hundred strong, has overseen a multitude of company liquidation and deregistration projects. Esteemed publications, including the Chambers Asia Pacific Guide and Asian Legal Business, have consistently lauded Deacons, frequently naming them "Hong Kong's Best Law Firm of the Year". Their recent accolade as the "Best Law Firm of the Year in Hong Kong" at the 2022 Benchmark Litigation Asia-Pacific Awards further cements their stature. With a legacy spanning 170 years, Deacons remains steadfast in its commitment as a professional, independent law firm. Rooted in Hong Kong, supported by the motherland, and with a global vision, they are celebrated for their inherited expertise and service ethos, earning them unparalleled industry acclaim.
This collaboration with Deacons and the subsequent successful bid underscores Landing Law Offices' prowess and excellence in overseas investment. Upholding the vision of "Specialized Services, International Vision, and Steady Development", Landing leverages its vast global network, ensuring clients receive all-encompassing, expert, and superior legal services, both at home and abroad.
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