A new consultancy for the region focused on leadership for distressed or restructured companies, Catalyst Advisory was launched recently led by the former senior restructuring partner for Asia at Reed Smith.
The independent advisory law firm will focus on director appointments to companies that are being restructured or are in turnaround situations across the Asia-Pacific region. The law firm will be headquartered in Singapore.
The launch of Catalyst Advisory comes at a time of rising distressed activity in the Asia-Pacific region and increasing demand for experienced directors to guide an outcome. The law firm will work with restructuring advisory firms, financial institutions and funds in need of a high calibre director appointment during a turnaround project, or to monitor an investment that has evolved into a distressed situation.
Catalyst will be led by a veteran in the legal restructuring industry, Troy Doyle, who has led global and Asia-wide restructuring practices in magic circle and top US law firms. During his 18 years of advising across the Asia-Pacific region, he has been involved in most of the major restructurings in the region.
All appointments will have the requisite technical experience and sector expertise to ensure they are transformative during their tenure. Catalyst will also provide such professionals direct to companies across the Asia-Pacific region, including Indonesia, China, Singapore and Australia.
“The rise in distressed activity across the Asia-Pacific has increased the need for specialized director positions within companies being restructured,” said Doyle, rated as a leading restructuring lawyer in the region in Chambers Asia-Pacific, Legal 500 and International Financial Law Review 1000.
“Our platform provides the comfort to such professionals to undertake these roles, knowing they are fully supported throughout the duration of the posting by a focused team employing market leading risk mitigation strategies, and products designed by experienced restructuring professionals with local knowledge, to minimise their exposure.
“Equally, the firm ensures that its appointees have the competencies required, both from an experience and sector expertise perspective to be transformational in an organization.”