Mayer Brown has hired Ben McCosker to its Restructuring practice in Hong Kong as part of a wider build-out of its local capabilities.
John Marsden, partner and co-lead of the firm's Global Restructuring practice, confirmed that McCosker’s appointment in Hong Kong is a continuation of a global strategy to boost its Restructuring capabilities.
“We are currently experiencing quite a surge in work opportunities, in the distressed real estate, aviation, shipping and other sectors that are feeling the strain from prolonged impact due to Covid-19. Additionally, with the inevitable climb in interest rates, that will impact on businesses that are marginal in the present climate,” Marsden...