Yoke Yee Chang

Special Counsel

Personal Profile

Yoke Yee Chang is a Special Counsel at Karas LLP.  She is an experienced solicitor who specialises in the investigation, litigation and resolution of commercial and insolvency disputes, typically involving fraud perpetrated within companies listed on the Stock Exchange of Hong Kong.

Yoke Yee’s practice involves advising liquidators on investigations into the causes of a company’s collapse, examining the financial effects of fraud on a company and pursuing claims against those responsible for the losses suffered, including professional advisers, management and third parties who assisted in the perpetration of the fraud.

Over the past decade, Yoke Yee has acted on some of the largest negligence claims brought by insolvent companies against their former auditors, being involved in all aspects of the formulation, pursuit and resolution of those claims.

Yoke Yee is regarded for her problem solving and financial analytical skills, which are a significant advantage when investigating financial transactions and conducting asset tracing exercises under challenging circumstances.

Yoke Yee began her legal career in Western Australia, where she worked on a variety of commercial litigation matters including conflicts involving directors and shareholders, insolvency disputes, financial and investment disputes and contract law claims.

Key Experience

China Huishan Dairy
Advising the liquidators of a former Hong Kong listed company in relation to the investigation of potential claims

China Forestry
Represented the liquidators of a former Hong Kong-listed holding company of a group purporting to own extensive timber plantations in Mainland China, in an audit negligence claim seeking damages of over US$100 million.

Ocean Grand Holdings
Represented the liquidators of a former Hong Kong listed company on the investigation of potential and actual claims, including against their former auditors.

Hing Yip
Represented the liquidators of a company in the Hong Kong-listed Ocean Grand Group in claims against the company’s former aluminium trading partners for dishonest assistance and knowing receipt.

Advised the Liquidators of the 3D-GOLD group that collapsed with claims of over HK$2.4 billion following the death of its Executive Chairman and the subsequent discovery that 810kg of gold bullion was missing. This advice included the pursuit and resolution of audit negligence proceedings against the former auditors, a Big Four firm.

Liquidator’s duties
Advising the former liquidators of a HK listed company on their defence of proceedings brought against them for alleged breaches of duty whilst in office.

Estate of Nina Kung
Represented the former administrators pendente lite of the estate of Nina Kung (Nina Kung), one of the highest net worth individuals in Asia prior to her death.  Advising on various issues ranging from the duties of the administrators with respect to the preservation of assets and exercise of shareholder rights, to the recovery of costs.

Global Financial Crisis related litigation
Represented a US investment bank that was the major secured creditor of an Australian margin lender and stockbroking firm that became insolvent during the global financial crisis in 2008.

Mews Scheme liquidation
Represented the receivers and liquidators of the Mews Scheme, an unregistered managed investment scheme wound up by the Federal Court of Australia on application of the Australian Securities and Investments Commission.  Advised the receivers and liquidators on various urgent court applications and litigation in relation to the disposal of the scheme’s main asset.

Career History

  • Special Counsel, Karas LLP, 2021
  • Special Counsel, Lipman Karas, Hong Kong, 2013
  • Senior Associate, Lipman Karas, Hong Kong, 2011
  • Associate, Stephenson Harwood, Hong Kong, 2009
  • Senior Associate, Blake Dawson (now Ashurst), Perth, 2008
  • Lawyer, Blake Dawson (now Ashurst), Perth, 2007
  • Lawyer, Tottle Partners, Perth, 2004
  • Articled Clerk, Tottle Partners, Perth, 2003
  • University of Western Australia, Bachelor of Laws / Bachelor of Commerce (2002)


  • Supreme Court of Western Australia (2004)
  • High Court of Hong Kong (2009)