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Neil McDonald

Neil McDonald

Kirkland & Ellis

Hong Kong, , HKG

Neil McDonald leads Kirkland’s restructuring practice in Asia, based out of the Firm’s Hong Kong office. He has been involved in a wide range of matters in Asia in respect to the restructuring and insolvency of distressed companies. Neil acts for financial institutions, insolvency appointment holders, turnaround management firms, hedge funds and private equity firms.

Neil is widely recognized as a leading lawyer for Restructuring and Insolvency by a number of reputable legal publications. Who’s Who Legal describes Neil as a “thought leader…the top lawyer in Hong Kong in this year’s research and a ‘highly impressive figure in the market’”. The latest issue of Chambers & Partners described him as “very well regarded – the first person to turn to”, whilst the directory in the past has called him “a dream lawyer to work with”, “one of the best lawyers” and “one of the market leaders in his field and an outstanding restructuring lawyer”. IFLR1000 describes Neil as the “go-to-guy…very customer friendly and very practical in his advice”, whilst Legal 500 says he is a “‘big player’ with a unique contentious and non-contentious skill-set in Hong Kong”, “knows the market exceptionally well, and really makes himself available to clients”.

Neil has advised on some of the most significant restructuring and insolvency transactions in the Asia-Pacific region, including:

  • Advising UTAC Holdings Ltd. and Global A&T Electronics Ltd on certain of their indebtedness and general corporate matters.
  • Advising the bondholder group in relation to potential defaults under the US$300 million notes issued by CFG Investment S.A.C. and the winding up proceedings commenced against China Fishery Group Limited.
  • Advising Lehman Brothers Holdings Inc. in connection with a scheme of arrangement by its Hong Kong subsidiary, Lehman Brothers Asia Holdings Limited.
  • Advising Studio City in connection with financial liabilities of over US$3 billion.
  • Advising the ad hoc Steering Committee of bondholders of Kaisa Holdings in relation to Kaisa’s outstanding US$2.5 billion of defaulted bonds.
  • Advising an ad hoc group of senior noteholders in respect of the 2016 and 2017 senior notes issued by Bumi Resources which have a combined value of US$1 billion.
  • Advising the liquidators of Titan Group Investment Limited in relation to the sale of assets for value in excess of US$300 million.
  • Advising the Steering Committee of bondholders in relation to defaults of US$1.8 billion of bonds issued by Sino-Forest Corporation, and in relation to the subsequent debt for equity swap achieved through a Canadian CCAA bankruptcy filing.
  • Advising the bondholder groups in relation to debt issuances by China Forestry Holdings Co Ltd and NQ Mobile Technology.
  • Advising the senior lenders led by Rabobank and RBS in respect of the restructuring of Asia Timber Products Company Limited’s onshore and offshore debt liabilities.
  • Advising the Noteholder Steering Committee on defaults under US$200 million Secured Convertible Notes issued by Skyfame Realty (Holdings) Limited, including restoration of securities and the restructuring of debt obligations under the Notes.
  • Advising the Agent and Security Trustee in respect of the enforcement of rights in relation to Rightway China Real Estate Limited’s US$600 million onshore and offshore debt liabilities and the appointment of receivers.
  • Advising the founding shareholders of GOME Electrical Appliances Holding Limited in relation to their shareholder rights.
  • Advising a major commercial bank in respect of its exposure to a multi-billion dollar commodities and trade finance fraud centered in Qingdao in China.
Neil McDonald is associated with the following items:
CHB Chapters  CHB Chapters Restructuring in Asia—Developments in 2016 - Fifth Annual Institute on Corporate & Securities Law in Hong Kong 2017, Thursday, May 18, 2017
Live Seminar  Live Seminar Sixth Annual Institute on Corporate & Securities Law in Hong Kong 2018, Thursday, May 17, 2018, Hong Kong

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