Linklaters hires new head of insolvency in Asia
Linklaters has a new leader for its restructuring and insolvency practice in Asia, after the hire of former Allen & Overy partner David Kidd.
The hire comes as part of a push to strengthen the firm’s finance and litigation teams in the region, and follows the recent hire Herbert Smith Freehills' Asia disputes head, Gavin Lewis.
Legal Week quoted Kidd as saying: "There is a perception that the time is right with the markets showing signs of stress, which will create situations in which clients will need help dealing with difficult situations.
"We will be developing a core team of associates [for the practice] but also working with others in corporate, litigation and finance. It is very much a cross group practice.
"I expect to be quite active in a number geographical areas. The China market throws up some obvious and interesting opportunities, as does the Korean market. But equally South East Asian markets seem to be of interest, from Indonesia over to India."