The ‘commercially-minded’ restructuring and insolvency team at Mayer Brown  is led by John Marsden, who specialises in a wide range of matters in the commercial and corporate context, including financing transactions, non-performing loan disposals, and corporate restructurings. The practice stands out with its unique integration throughout the APAC region, further bolstered by the firm’s robust restructuring prowess spanning Europe and America. It acts for a diverse clientele of all types of stakeholders, like PRC policy banks, international banks, AMCs, funds, and professional services firms. Assisting Marsden is Benjamin McCosker, a highly experienced practitioner with triple qualifications in Hong Kong, Bermuda, and Australia. McCosker became part of the firm’s team in July 2022, bringing with him well-rounded expertise that encompasses both the contentious and non-contentious dimensions of complex distressed scenarios.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Strong partner and counsel engagement. Helpful, good technically, and responsive.'

  • 'Commercially-minded, exceptionally supportive and focused on the clients needs. Willing to do whatever it takes to get to the fundamentals of a problem.'

  • ‘John Marsden has good technical knowledge and is very client friendly.'

  • 'Benjamin McCosker is extremely responsive and commercial, and eager to get involved and to understand our business. Very good technically.’

Key clients

  • Huarong Asset Management
  • China Construction Bank (Asia) Corporation Limited
  • Industrial and Commercial Bank of China Limited
  • China Development Bank
  • Bain Capital
  • PricewaterhouseCoopers
  • KPMG
  • Ernst & Young
  • FTI Consulting
  • International Finance Corporation
  • Malayan Banking Berhad
  • OCBC
  • DHB
  • CIMB
  • KfW
  • CACIB
  • DNB
  • RHB
  • HNA Group
  • Changgang Dunxin Holdings Limited
  • Pinpoint
  • Nortel Networks (Asia) Limited
  • Mercuria
  • Glorious Sun - Jeanswest
  • Hang Seng Bank Limited
  • DBS Bank (Hong Kong) Limited
  • Yuanta Commercial Bank Co. Ltd.
  • Chang Hwa Commercial Bank, Ltd
  • Taiwan Cooperative Bank Limited
  • Bank of Taiwan
  • EnTie Commercial Bank
  • Mega International Commercial Bank Co., Ltd.,
  • Bank Sinopac
  • Taiwan Business Bank Ltd
  • Far Eastern International Bank

Work highlights

  • Advised the seven-bank ad hoc steering committee representing all major banking creditors to Genting Hong Kong Limited's cruise, ship construction, gaming operation and associated businesses.
  • Represented China Development Bank and Industrial and Commercial Bank of China as the main creditors in the restructure and recapitalisation of Cell C, a major and strategically diverse South African telecommunication corporation.
  • Advising the provisional liquidators of Hong Kong listed Changgang Dunxin Holdings Limited (incorporated in the Cayman Islands).

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Mayer Brown
John Marsden is a partner of Mayer Brown and is the Managing Partner of the firm's Vietnam and Thailand offices. He represents clients in a wide range of matters in the commercial and corporate context. His assignments have included financing transactions, non-performing loan disposals and corporate restructurings. John has provided advice in such large-scale restructurings or insolvencies as Asia Pulp and Paper, Pacific Andes, the Moulin Group, TMT and Vietnam Shipbuilding Industry Group, all of which are multi-jurisdictional transactions. John was placed into the Shanghai office for three years during which time he was involved with a number of substantial property acquisition and financing transactions. John has been named a Band 1 Restructuring and Insolvency Lawyer by Chambers Asia Pacific (2013-2018), Market Leader in Restructuring and Insolvency by IFLR1000 (2018-2019) and Leading Lawyer in Restructuring and Insolvency by IFLR1000 (2010-2017). Chambers Asia Pacific (2018) described John as he provides an “aggressive and punchy service, but is very commercial too”.

Practice head

The lawyer(s) leading their teams.

John Marsden

Other key lawyers

Terence Tung, Pierre Dzakpasu, Benjamin McCosker