Linklaters enhances Asia restructuring and insolvency offering with hire of partner Richard Woodworth

Linklaters today announced that Richard Woodworth will join as a partner in the firm’s Asia Restructuring & Insolvency (R&I) practice. Richard has extensive experience in all aspects of financial restructurings and formal insolvency proceedings.

Richard joins Linklaters from Allen & Overy where he was the founder and co-head of the Asia Pacific Restructuring and Recovery Group. He is Hong Kong and English law qualified and has almost 20 years of experience in guiding clients, whether creditors, borrowers, insolvency practitioners or stakeholders, through the unique challenges posed in many Asian jurisdictions.

Richard has an established track record of advising on high profile, complex transactions, many of which were also Asia-firsts, including advising the committee of lenders to shipbuilding industry group Vinashin, the secured creditor and appointed receivers on the successful restructuring of Baha Mar in the Bahamas and advising the co-ordinating committees of creditors in connection with the ongoing restructurings of a number of high profile PRC property developers.

Linklaters Asia Managing Partner, William Liu, commented:

“We are delighted to have Richard Woodworth join our Asia R&I practice, demonstrating Linklaters’ continued investment in its market-leading global R&I offering, who have had a leading role on the majority of the most significant and complex R&I situations in Asia. Richard has a very impressive track record and an established reputation as a technically strong and commercially pragmatic specialist with deep regional knowledge and experience.”

Linklaters Restructuring & Insolvency partner Richard Woodworth added:

“I am delighted to be joining the outstanding R&I team at Linklaters and very much look forward to working closely with the capital markets and special situations teams on sophisticated and complex situations to support clients in navigating the challenges that lie ahead.”