Tiffany Wong

Managing Director
20+ years of experience in restructuring, insolvency and dispute resolution
Advises borrowers and lenders in consensual restructuring
Acts as a court-appointed officer in insolvency situations and disputes
Hong Kong
@alvarezmarsal
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Tiffany Wong is a Managing Director with Alvarez & Marsal’s Restructuring Practice in Hong Kong, China. She brings more than 20 years of experience in restructuring, insolvency and dispute resolution. Ms. Wong advises borrowers and lenders in consensual restructuring and acts as a court-appointed officer in insolvency situations and disputes.

With experience spanning international and Chinese restructuring regimes, Ms. Wong advises clients in challenging cross-border projects involving complex structures across multiple jurisdictions. Her recent engagements include advising on the multi-jurisdictional enforcement action involving the LYCRA Group, a manufacturer of fibre and technology solutions for apparel, where she assisted the mezzanine lenders in formulating and successfully implementing a restructuring and enforcement strategy.

Ms. Wong is also a Joint & Several Provisional Liquidator (JPL) of Genting Hong Kong Ltd., a cruise and entertainment operator headquartered in Asia. She participated in the restructuring of Luckin Coffee Inc., as one of the JPLs following its admission of accounting fraud. After multiple regulatory investigations in the U.S. and the PRC and a loss of investor confidence, Ms. Wong and her team helped the company’s management reinforce internal systems and supported an operational turnaround and negotiations with creditors. The scheme of arrangement was approved unanimously by the voting creditors, marking a successful restructuring in less than two years.

Ms. Wong has led numerous restructuring cases in the Chinese mainland, including Shanghai Chaori Solar’s, and advised 34 Chinese banks on preserving their interests in a real-estate borrower with $2.5 billion offshore bonds and $7.6 billion in onshore debts. Ms. Wong has also acted as a trustee of the estates of bankrupt individuals and as court-appointed administrator of the estates of high-net-worth deceased or mentally incapacitated individuals.

Prior to joining A&M, Ms. Wong was a Partner and Head of Insolvency at KPMG China.

Ms. Wong earned a bachelor’s degree and master’s degree in business management and professional accounting from Queensland University of Technology in Australia. She was named the International Women's Insolvency & Restructuring Confederation (IWIRC) Woman of the Year in Restructuring for 2024. 

Insights By This Professional

The International Women's Insolvency and Restructuring Confederation (IWIRC) awarded Managing Director Tiffany Wong the 2024 Woman of the Year in Restructuring Award, which is given each year to a woman who made significant contributions to the restructuring industry.
Tiffany Wong on her career as a Managing Director in restructuring and insolvency.
A&M’s Tiffany Wong, Managing Director of the Restructuring and Insolvency practice in Asia, speaks on the REDD Talks Podcast about the burgeoning signs of a possible recovery in the debt-ridden China property market.
The International Women's Insolvency and Restructuring Confederation (IWIRC) has named Alvarez & Marsal’s Tiffany Wong 2022 Woman of the Year in Restructuring (Asia) as a reward for her contribution to the insolvency and restructuring industry through outstanding leadership, mentoring, training and publications.
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