Top global law firms are already involved in the debt crisis surrounding China Evergrande Group, the real estate company whose unwieldy debt has prompted concern around the globe about China’s financial system.

King & Wood Mallesons has been appointed by the Chinese government to investigate the financial indebtedness of the company, according to a Bloomberg report. Kirkland & Ellis has been engaged to represent a group of bondholders to advise it on the potential restructuring of Evergrande.