Ashurst’s restructuring and insolvency team is highly active across the banking, asset management, technology, energy sectors. Real estate is also a key area, in which the firm is regularly instructed on enforcement actions and restructurings linked to defaulting Chinese property developers. Practice head Lance Jiang brings deep knowledge of the Greater China market and regulatory landscape. Cathie Wong is frequently entrusted by financial stakeholders, insolvency practitioners, and borrowers on critical restructuring mandates. The practice also benefits from the litigation expertise of Janene Loke, who adds strength on contentious aspects.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Ashurst’s dedicated team for creditor and bondholder matters in distressed situations is compact but highly effective. Backed by the firm’s global resources, they deliver sharp, strategic advice with speed and precision. Their ability to navigate complex restructurings with clarity and efficiency makes them a strong choice for individual stakeholders seeking focused, high-quality representation.’

  • ‘Lance Jiang is a standout lead restructuring partner at Ashurst, known for his deep connections across Chinese business networks and his sharp commercial instincts. He brings a pragmatic, solutions-driven approach to complex situations, earning trust from both individual and institutional clients. Lance combines cultural fluency with commercial clarity — he knows how to get things done.’

Key clients

  • Cithara Investment International Limited
  • China Energy Reserve and Chemicals Group
  • LMR Partners Limited
  • China Maple Leaf Educational Systems Limited

Lawyers

Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Practice head

Lance Jiang

Other key lawyers

Janene Loke; Cathie Wong; Ivana Gu