Weil Adds Banking & Finance Partner Daniel Abercromby in Hong Kong

International law firm Weil, Gotshal & Manges LLP announced today that Daniel Abercromby has joined the Firm as a partner. Mr. Abercromby is part of Weil’s Banking & Finance practice and is based in Hong Kong. Mr. Abercromby joined Weil from Kirkland & Ellis, where he was a partner in the Hong Kong office.

“Daniel has advised many of the world’s top private equity firms on cross-border leveraged and acquisition financing matters. He will enhance our transactional capabilities for clients in Asia and beyond,” said Weil Executive Partner Barry Wolf. “We are very excited to welcome him to the Firm.”

Weil’s Hong Kong office Managing Partner Tim Gardner commented: “Daniel has extensive experience acting on European, South-East Asian and South Asian financings, having worked in London, Hong Kong and Singapore. The synergies between Daniel’s background and our Asian platform make him a perfect fit to help us further strengthen our sponsor-focused leveraged finance capabilities in Asia.”

His practice focuses on cross-border leveraged and acquisition finance transactions, both public and private, together with the refinancing and restructuring of such transactions – ranging from covenant resets to debt-for-equity swaps. He acts for both borrowers (primarily private equity funds and their portfolio companies) and lenders (primarily direct-lending credit funds).

About Weil’s Banking & Finance Practice

Weil’s Banking & Finance practice provides “one-stop shopping” on highly complex financings, offering true international deal execution and local law advice in many of the world’s key financial centers, including New York, London, Paris, Frankfurt and Hong Kong. Weil is one of a very select group of firms that have both highly-rated borrower/sponsor and lender/arranger practices. We regularly represent corporate borrowers, private equity sponsors, and financial institutions in connection with leveraged acquisition and recapitalization transactions, investment grade lending, syndicated lending, cash flow lending, asset-based lending, loan restructurings, debtor-in-possession financings and exit financings. We are also recognized as one of the world’s premier leveraged acquisition finance practices, and have an active investment grade practice. We work in tandem with lawyers from our global M&A and Private Equity practices to advise clients on all facets of acquisition and other event-driven financings. We also work closely with our preeminent Business Finance and Restructuring practice to develop unparalleled skills in restructuring and debtor-in-possession and exit financings, as well as to analyze insolvency and collateral risks on new money transactions. Our practice and its lawyers are consistently recognized as market leaders by Chambers & Partners, IFLR1000 and Legal 500.

About Weil’s Asia Practice

Weil’s practice in the Asia-Pacific region focuses on complex, high stakes transactional matters for corporate and private equity clients. The Firm advises clients on matters across the entire region, including China, India, Japan, Taiwan, South Korea, South-East Asia, and Australia/New Zealand, on both domestic and cross-border transactions. Our lawyers are deeply experienced in mergers and acquisitions, takeovers, take-private transactions, minority investments (including PIPEs), joint ventures, strategic alliances, and other deals involving listed companies on the NYSE, NASDAQ, HKSE, PRC stock exchanges and other stock exchanges in Asia (including Tokyo, Singapore and Mumbai).

Source:  www.weil.com