Meet Ted Osborn 

Ted Osborn is a partner based in Hong Kong and is the leader of our Business Recovery Services practice.  Ted has been based in Hong Kong since 1995 acting for debtors, bank groups, bondholder groups and investors.  For the last several years Ted has spent much of his time in China providing advice in relation to debt restructurings, NPL acquisitions and other investment situations.  Ted is also the liquidator of numerous Hong Kong companies.
  
Ted has extensive experience in Hong Kong and PRC workout practices and procedures, and has led numerous workouts of Hong Kong listed groups and PRC entities.  Formerly with PricewaterhouseCoopers in the US, Ted is also experienced in dealing with US workout related issues and Chapter 11 bankruptcies.
  
Ted's major relevant experience in Hong Kong and the PRC includes:

• Acting as the receiver of a group of companies in China of a Singapore listed company, a complex restructuring (ongoing) involving nearly US$1 billion of debt and a diverse group of stakeholders including local government participation, onshore domestic and foreign lenders, offshore noteholders and lenders and a PRC bankruptcy administrator;
   
• Advising an asset management company in China in various non-performance loans ("NPL") transactions, including the successful sale of a US$220 million (face value) NPL portfolio to a US-based investor group;
   
• Assisting investment banks, hedge funds and other investor groups with their financial due diligence in relation to investments in China;
   
• Advising a window company of the Zhuhai Municipal People's Government in its US$700 million debt restructuring;
   
• Leading over 10 workouts of HKSE listed Groups, all with extensive PRC issues and with significant bank groups; and
   
• Advising an investment arm of the Guangzhou Municipal People's Government on its US$1.0 billion restructuring of its foreign indebtedness.