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Allen & Overy expands APAC restructuring and recovery practice
Allen & Overy has lured a partner from Baker McKenzie to join its Asia-Pacific restructuring and recovery group.
Tony Zhang
David Walter has become the newest member of the Allen & Overy partnership, a role that sees him based in the firm’s Sydney office.
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Mr Walter is a well-established figure in the restructuring and insolvency arena advising the spectrum of stakeholders in informal restructures and formal insolvencies, including public companies and their boards, private equity and portfolio companies, special-situations investors, bank lenders, trustees and insolvency practitioners.
Richard Woodworth, Allen & Overy’s co-lead of the Asia-Pacific restructuring practice, said that his appointment strengthens an already market-leading team and enhances their ability to assist clients in complex domestic Australian and cross-border insolvencies and restructurings.
“His deep sector experience will benefit Allen & Overy clients throughout the APAC region,” he said.
He is particularly experienced in the real estate, mining and resources, energy, infrastructure, finance, retail, manufacturing, and transport sectors.
“David’s specialist skills and close alignment with A&O’s culture and existing client and sectoral focus make him an invaluable addition to the team,” Sydney managing partner Jason Denisenko added.
“We know that our clients will face new and unforeseen challenges [post-COVID-19] and David’s experience assisting with stressed and distressed situations is an integral part of how we will now be able to help our clients domestically and in cross-border transactions.”
Allen & Overy’s APAC restructuring and recovery Group is fully integrated with the firm’s global restructuring group, providing clients with advice covering all of the major restructuring hubs across a network of more than 40 offices.
