Frequently acting for groups of bondholders in offshore debt restructurings and distressed real estate transactions, the practice at Weil, Gotshal & Manges LLP counts companies from across the property development and natural resources sectors amongst its key clients. The team shows strength on the contentious side, mainly in relation to credit litigation and distressed secondary debt trading. The ‘phenomenally hardworking’ Kathleen Aka leads the team and specialises in creditor enforcement and distressed M&A issues, while Graham Price stands out for his wealth of experience in cross-border debt restructurings and specialist credit opportunities. Minna Zhang is noted for her knowledge on corporate insolvencies primarily.
Testimonials
Collated independently by Legal 500 research team.
‘Kathleen Aka is a phenomenally hardworking young woman with excellent insights on any restructuring deal.’
Key clients
- Ad hoc group of holders of notes issued by Shimao Group
- Ad hoc group of holders of notes issued by China Aoyuan Group Limited and its subsidiary, Add Hero
- Kroll
- FTI Consulting
Work highlights
- Advised the ad hoc group of bondholders in relation to the successful restructuring of more than US$7 billion of offshore debt of China Aoyuan Group Limited and its subsidiary, Add Hero, including over $3 billion of offshore bond debt.
- Advising the ad hoc group of bondholders in relation to the proposed restructuring of more than US$6 billion of offshore bond debt issued by Shimao Group.
- Advised the receivers of Golden Wheel Tiandi (and related entites) in relation to the receivership of entities and assets of the Golden Wheel Tiandi group, including the sale of the Golden Wheel Plaza in Hong Kong.
Lawyers
Practice head
The lawyer(s) leading their teams.
Kathleen Aka