Clifford Chance combines contentious and non-contentious expertise to deliver comprehensive support to creditors, lenders, coordinating committees, and debtors in high-profile restructuring matters. The team is also at the forefront of cryptocurrency insolvency, having recently advised on a landmark crypto exchange liquidation, raising novel trust issues. Practice head Scott Bache is highly experienced in corporate restructuring, distressed M&A, and special situations investing. Phoebe Lo is particularly noted for advising leading Chinese clients on complex cross-border matters involving high-value distressed outbound investments, while Soo Khim Keoy is a key name for insolvency cases with contentious elements. Donna Wacker departed from the practice in May 2025.
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Profile
Work Department
Global Financial Markets, Restructuring & insolvency
Position
Scott Bache specialises in advising financial institutions, hedge funds, private equity funds, financial advisers and turnaround professionals on the full range of restructuring matters, including corporate restructuring, distressed mergers and acquisitions and special situations investing. He also advises clients on a broad range of insolvency issues, security enforcement and general banking litigation. He has over 20 years experience working in Greater China.
Scott is widely recognised as a leading lawyer for Restructuring and Insolvency by independent legal directories, including The Legal 500 Asia Pacific, Chambers Asia-Pacific, IFLR1000 and Best Lawyers guide book.
Career
Admitted as a barrister in High Court of Australia 1995
Admitted as a solicitor in South Australia 1995, Victoria, Australia 1997, Hong Kong 2003
Finlaysons, Adelaide, South Australia 1996
Corporate Lawyer, National Australia Bank 1996 (Adelaide) and 1997 (Melbourne)
Allen & Overy, Hong Kong 1999
Joined Clifford Chance 2003
Partner since 2005
Content supplied by Clifford Chance
Testimonials
Collated independently by Legal 500 research team.
‘Anthony Wang is a very capable structured finance lawyer experienced with dealing with complex situations, onshore in China and in HK.’
‘The team has excellent strength and depth at all levels.’
‘Phoebe Lo is a superb technical lawyer. She goes above and beyond to get things done.'
'Scott Bache runs the show. He is hands-on and superb at tactical decisions.’
Key clients
- FTI Consulting
- Alvarez & Marsal
Work highlights
Act for joint and several liquidators of China Evergrande Group.
Act for the joint official liquidators of Asia Private Credit Fund Limited; Adamas Asia Strategic Opportunity Fund Limited, and other related entities.
Represents the Liquidators of Gate coin Limited, one of Hong Kong’s earliest and most popular cryptocurrency exchange platforms that went into liquidation in 2019 following a hack.