Global law firm Ashurst has appointed Lance Jiang as a partner in the restructuring, insolvency and special situations practice, based in its Hong Kong office, as part of the team’s expansion plan to capture the rapidly growing opportunities and client demands in Asia.
With two decades of experience in the region, Lance advises on complex cross-border restructurings and insolvencies with a Chinese nexus. With a strong focus on funds and financial institutions across greater China, he has represented a broad range of stakeholders, including creditors’ committees, bondholders, financial institutions, special situation funds, debtors, controlling shareholders, liquidators, agents and trustees on special situation matters involving NPLs, restructurings, bankruptcies, insolvencies and reorganisations. He has also acted on a wide spectrum of cross-border structured corporate finance transactions, including acquisition financings, equity margin financings, pre-IPO and leveraged financings, real estate financings and other event driven financings. Prior to joining Ashurst, Lance has practised at international law firms in Hong Kong, New York and Beijing. He also has extensive experience working as in-house counsel at leading financial institutions in Shanghai and Hong Kong.
James Marshall, APAC head of restructuring, insolvency and special situations, comments: “Our team has extensive experience advising all types of stakeholders on the full spectrum of issues that arise from corporate distress, distressed investing and formal insolvencies. Lance has represented bondholders and debtors on some of the most complicated high profile restructuring cases in Hong Kong. His established relationships with Chinese funds and financial institutions and strong technical skillset will add to our existing offering, continue to strengthen our expertise across the market and capture the growing opportunities in a fast-changing economic environment.”
Lance says: “Ashurst has a fantastic global network and an excellent reputation for its finance, corporate and restructuring practices in Asia, which makes it the ideal platform from which I can build and expand my practice. I am excited by the opportunity to leverage the firm’s collaborative network, innovative and client-centric approach to deliver exceptional results for clients.”