Rachel Lam, SC > Des Voeux Chambers > Hong Kong, Hong Kong > Lawyer Profile

Des Voeux Chambers
38/F Gloucester Tower
The Landmark
Central, Hong Kong
Hong Kong

Career

Rachel’s practice relates mainly to insolvency, restructuring, regulatory, company and commercial matters. She joined Des Voeux Chambers in 2006 after winning a series of scholarships and prizes for academic excellence. She is qualified in three jurisdictions – Hong Kong, England & Wales and New York State – and has enjoyed establishing her practice in Hong Kong.

Rachel has acquired extensive experience in insolvency and restructuring matters, company and commercial litigation, as well as in the securities field.

She acts regularly for liquidators and a wide range of companies. Her company and commercial litigation practice comprises commercial trust matters, corporate claims, derivative actions, and commercial injunctions.

In connection with this, she has dealt with a number of corporate restructurings, schemes of arrangement, and privatisations, including amongst others, The Grande Holdings Limited and China Assets (Holdings) Limited schemes.

Her regulatory and securities practice encompasses market misconduct and related disciplinary, compliance and contentious matters. She advises clients in relation to the multifarious issues which can crop up in both contentious and non-contentious settings, and has acted both for and against the SFC in High Court proceedings.

In connection with these areas of practice, she regularly deals with complex issues of law and has advised and represented financial institutions, investors, listed companies and their directors, trustees, beneficiaries, regulators, and shareholders.

She is a Contributing Editor to Hong Kong Company Law Cases (2008 – 2019) – published in 2020 by DVC in collaboration with Kluwer.

Memberships

  • Member of the Criminal and Law Enforcement Injuries Compensation Boards
  • Member of the Standing Committee on Company Law Reform (SCCLR) (1 February 2020 to 31 January 2022)
  • Adjudicator of the Immigration Tribunal (since 1 October 2019)
  • Member of the Committee on Companies Law, Hong Kong Bar Association
  • Member of the Committee on Intellectual Property Law, Hong Kong Bar Association
  • Member of the Competition Commission (since 1 May 2018)

Lawyer Rankings

Hong Kong Bar > Commercial disputes

(Leading Silks)

Rachel Lam SCDes Voeux Chambers

With ‘plenty of very high-quality barristers’, Des Voeux Chambers ‘is regarded as one of the leading sets in commercial disputes’. At the senior end, insolvency experts José-Antonio Maurellet SC and Rachel Lam SC led on the landmark case of Citicorp International Limited v Tsinghua Unigroup Co., Ltd, which concerned the nature and extent of the obligations that keepwell providers have to bondholders, as well as novel issues of Greater China insolvency. Charles Sussex SC led Tom Ng in PT Asuransi Tugu v Citibank NA, which assessed bankers’ Quincecare duty, which dictates that a bank should not, in certain circumstances, take a payment from a customer’s account which is fraudulent. Catrina Lam‘s practice encompasses a wide range of contentious commercial matters, and she is also highly adept at handling domestic and international arbitrations, representing clients from the banking and finance, technology, real estate, media and entertainment, education, aviation, and gambling sectors. Benny Lo has also been increasingly active in international commercial arbitration proceedings, while a significant proportion of Frances Lok‘s practice involves acting for listed companies, their shareholders, and directors across a range of mandates, including winding up proceedings and unfair prejudice petition matters. Christopher Chain SC made Silk in the 2023 round.