Global law firm Reed Smith today announced that partner Troy Doyle and counsel Gerald Licnachan have joined the firm’s Singapore office, in the global Commercial Restructuring and Bankruptcy Group and the Energy and Natural Resources Group respectively. Troy joins the firm from DLA Piper (in Singapore), where he led the firm’s restructuring practice, while Gerald re-joins Reed Smith from his role as general counsel at Steppe Capital in Singapore.
Troy advises financial institutions, private equity firms, hedge funds, corporates and insolvency practitioners across the Asia Pacific region, including China, Singapore, Indonesia, Thailand, Japan, Taiwan, Philippines and Australia. He has extensive experience advising on financial and corporate restructurings, distressed mergers and acquisitions, distressed debt trading (both portfolio and single asset deals), insolvency proceedings and special situation transactions.
“I’m delighted to be joining Reed Smith and to further developing the restructuring and special situations practice across Asia. As well as impressive strength in finance, the firm also has market-leading expertise in shipping, energy and mining, sectors which are experiencing considerable distress in the Asia Pacific region,” noted Troy. “I look forward to working with the various international offices of the firm to provide a seamless global restructuring offering to clients,” he added.
Gerald Licnachan re-joins Reed Smith following his departure in 2010, when he left to work in-house at Steppe Capital, rising to become general counsel. He has particular expertise in the sectors of metals and mining, oil and gas, infrastructure, commodities, hospitality, real estate, retail and aviation (including private aviation and aircraft). Gerald advises on a broad range of international securities, mergers and acquisitions, joint ventures, corporate finance and corporate restructuring transactions.
Reed Smith established its presence in Singapore in 2012 and, in line with continued global expansion, has significantly grown its footprint in South East Asia with a 27% increase in lawyer headcount in the last year. The arrival of Troy and Gerald follows that of corporate partner Matt Gorman, who joined Reed Smith’s Singapore office at the start of this year from Stephenson Harwood.
Reed Smith further strengthened its commitment to Asia with the recent appointment of David Adelman in New York. David, the former United States Ambassador to Singapore and managing director at Goldman Sachs in Hong Kong and Singapore regularly travels to Asia and will support the development of the Singapore office. His experience will benefit current and new clients in diverse industry sectors, including Asian businesses expanding their investments and operations.
“Our Singapore office has come a long way since we launched in late 2012,” commented Gautam Bhattacharyya, Singapore office managing partner. “Our global strength in finance and transactional work make Troy and Gerald very exciting additions.”
“Not only is Troy a highly regarded restructuring practitioner, but he has significant experience in the Asian market. Gerald also has a great deal of transactional experience in Asia. They further enhance our credentials in the region following the arrival of Matt Gorman and we are delighted to welcome them to the team”
“Troy’s appointment is another important step for Reed Smith in building a market-leading, truly global, financial restructuring practice,” said Tamara Box, global chair of the Financial Industry Group.
“Distressed investments and debt trading, particularly in non-performing loan transactions across both Europe and Asia, remains extremely active. With Troy in the team, we can provide clients with an even broader service in this area.”
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