“Terence Tung has made a name for himself for his work with regulatory and compliance issues as well as liquidation procedures.”
Benchmark Asia Pacific

Clients turn to Terence Tung for his extensive experience and knowledge in cross-border disputes and his specific experience with contentious matters at different levels of the People's Court and the Courts of Hong Kong as well as international arbitration.

High-profile corporations rely on Terence for guidance in liquidation and debt restructuring matters. Notably, Terence led the foreign aspects of the liquidation case of Guangdong International Trade & Investment Corporation (GITIC), which was one of the largest bankruptcy cases of a financial institution in China. He also advises on the exit strategy of foreign investors in China and the liquidation of foreign invested companies in China.

As the Chinese government steps up its enforcement efforts in regulatory and compliance matters, Terence counsels foreign companies on conducting internal investigations, and he assists in investigations relating to tax and corruption matters initiated by authorities in China and elsewhere. Clients also turn to Terence for his experience with regulatory and compliance issues.

Terence is a China-Appointed Attesting Officer appointed by the Ministry of Justice of PRC, as well as an arbitrator of the China International Economic and Trade Arbitration Commission (CIETAC) and the Shanghai International Arbitration Centre (SHIAC).

He speaks English, Mandarin and Cantonese.

Experience

  • Represents foreign companies and mainland Chinese enterprises in arbitration and litigation cases involving commercial, contractual and banking disputes conducted in China and Hong Kong.
  • Acts for the liquidation committees of Guangdong International Trust & Investment Corporation (GITIC) and its related companies in the liquidation process involving 569 proofs with an aggregate amount of RMB 38.777 billion.
  • Acts for various companies in liquidation to realise their assets and recover debts due to them.
  • Counsels foreign companies on internal investigations and assists in investigations initiated by public security authorities, customs authorities, administration of industry and commerce authorities, tax authorities and others.

Recognition

  • Top 50 lawyers (foreign firm) for China-related business – China Business Law Journal’s A-List
  • Local Disputes Star (China) – Arbitration, General Commercial, Restructuring & Insolvency – Benchmark Asia Pacific
  • Leading AsiaLaw Dispute Resolution Lawyer in China – Asia Law & Practice Survey

Qualifications

Education

  • The University of Hong Kong, LLB

Admissions

  • England and Wales
  • Singapore
  • Australia
  • Hong Kong

Languages

  • English
  • Mandarin
  • Cantonese

Professional & community involvement

  • Arbitrator, Shanghai International Arbitration Center