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Conyers advises GCL New Energy Holdings Limited on its scheme of arrangement to effect a debt restructuring

Conyers provided Bermuda and BVI legal advice to GCL New Energy Holdings Limited (“GCL New Energy”) on its scheme of arrangement to effect a debt restructuring by way of cancellation of the existing notes and all guarantees and security in consideration for the receipt of cash and new notes of GCL New Energy.

GCL New Energy is a new energy company under the GCL Group, focusing on centralizing and distributing PV power plants to provide sustainable green energy to the society. GCL New Energy was listed on the Main Board of The Hong Kong Stock Exchange. (Stock code: 451)

Consultant David Lamb, Partner Angie Chu, Associate Felicity Lee and Michael Yu of Conyers’ Hong Kong office and Partner Christian Luthi and Associate Rhys Williams of Conyers’ Bermuda office advised on the matter working alongside Milbank.


David Lamb

Hong Kong   +852 2842 9511
Mobile  +852 6469 3377

Angie Chu

Hong Kong   +852 2842 9549
Mobile  +852 6469 3385

Felicity Lee

Hong Kong   +852 2842 9595
Mobile  +852 6469 3379

Michael Yu

Hong Kong   +852 2842 9522
Mobile  +852 6469 3903

Christian R. Luthi
Director and Chairman

Bermuda   +1 441 298 7814

Rhys Williams

Bermuda   +1 441 298 7832


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