IFLR1000

The IFLR 1000 is published annually by Euromoney Institutional Investor and is the international legal market’s leading guide to the top law firms advising on international corporate finance.

We are pleased to announce that Tanner De Witt has achieved a Tier 1 ranking for Insolvency and Restructuring in the 2020 edition of the IFLR rankings. The IFLR1000 – The Guide to the World’s Leading Financial Law Firms – has been a leading independent global guide to the world’s financial and corporate law firms and lawyers since 1990 covering 120 jurisdictions around the world.

In addition, we are thrilled to announce that partners Ian De Witt and Robin Darton and consultant Anthony Hill have been ranked as Highly Regarded and Expert Lawyers in the Restructuring and Insolvency field.

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Review from IFLR1000 2020

Tanner De Witt is an independent law firm in Hong Kong that has a core focus on litigation, corporate law, restructuring and insolvency, employment law, family law, and criminal law including white collar crimes. The firm excels in restructuring and insolvency where it is ranked highest.

The firm has had a busy year with insolvency work, acting for trustees and liquidators in mandates involving pension and Cayman funds. It has also been busy with insolvency mandates in the construction and retail industries and advised iconic guitar brand, Gibson, with Hong Kong concerns related to its Chapter 11 bankruptcy.

In the research period, the firm brought in venture capital and corporate partner Pádraig Walsh from Bird & Bird.

Recent Deal Data highlights

•Gibson Innovations insolvency

Client feedback

“It’s very experienced in the Hong Kong market. The firm has strong common law lawyers and is familiar with the Hong Kong/offshore dynamic. It has the ability to service Chinese speaking clients effectively while simultaneously working well with English speaking leading counsel and offshore counsel.” – Restructuring and insolvency

“The firm is highly knowledgeable and experienced in restructuring and insolvency. It’s extremely good at litigation and client management, and is proactive in clients’ interests and overall very pleasant and friendly to work with.” – Restructuring and insolvency

“The firm provides strong insightful comments that are commercially realistic.” – Restructuring and insolvency

“Its work is excellent and it is quite knowledgeable in restructuring and insolvency.” – Restructuring and insolvency

Rankings from IFLR1000 2019

Tanner De Witt remains highly ranked by IFLR1000 with our lawyers, Consultant Anthony Hill remaining an ‘Expert Consultant’ while Partners Ian De Witt and Robin Darton retain endorsements as ‘Highly Regarded’ lawyers. All three commended solicitors are from our Insolvency and Restructuring Department.

Rankings from IFLR1000 2018

IFLR 1000 has once again awarded a Tier 1 ranking to our Insolvency and Restructuring practice for its 2018 edition.

Two other practice areas in our firm gained recognition:

Amongst our lawyers, Consultant Anthony Hill has been given ‘Expert Consultant‘ status while Partners Ian De Witt and Robin Darton have been endorsed as ‘Highly Regarded‘ lawyers. All three commended solicitors are from our Insolvency and Restructuring Department. Previously lawyers were given ‘Leading Lawyer‘ or ‘Rising star‘ ratings, so these more detailed ratings are a 2018 first. There are now five ratings that a lawyer can receive, listed here from highest to lowest:

  • Expert Consultant: Senior figures with name recognition who focus on consulting and building client relationships.
  • Market Leader: True leaders of their field, these lawyers have a track record of high profile innovative deals and are recognised as the standout performers in their country or practice area.
  • Highly Regarded: Lawyers who are highly regarded by their peers and possess a strong transactional record and positive client feedback.
  • Rising Star: ‘Ones to watch’ these are lawyers who are building their reputations in the market.
  • Notable Practitioner: Lawyers who have advised on one or more deals featured in IFLR1000 Deal Data

Rankings from IFLR1000 2017

Tanner De Witt is  delighted to confirm that Partners Ian De Witt and Robin Darton and Consultant Anthony Hill have been endorsed as Leading Lawyers for Restructuring and Insolvency following client and peer recommendations during IFLR1000’s 2017 Edition research process.

IFLR has been ranking lawyers since 1990 and the IFLR1000 is the guide to the world’s leading financial and corporate law firms and lawyers across over 120 jurisdictions worldwide. In addition to this, IFLR publishes news and features including analysis of market trends and law firm news.

Review from IFLR1000 2016

“Tanner De Witt provides very good and relevant advice and guidance,” one client says. “Its focus, attention to detail, knowledge, and inspired confidence during negotiations help achieve a very good result.”

The regulatory team is led by partners Mark Side and Russell Bennet supported by partner Edmond Leung and newly-appointed partner Jeff Lane who has extensive experience in SFC investigations. Deal highlights include advising multiple asset management companies in relation to licence applications and on regulatory compliance matters.

In terms of M&A, the firm saw quite a bit of work in the food and beverage industry. One of the deal highlights saw the firm representing Berlin-based online food delivery company foodpanda in its acquisition of one arm of a Hong Kong-based food delivery company Dial-a-Dinner as part of foodpanda’s expansion plan in Asia.

In the restructuring and insolvency area the team acted on a cross-border liquidation matter where it acted for the liquidators of the Hong Kong arm of Denmark’s second largest marine fuel supplier OW Bunker Group.

“As an insolvency practitioner, I primarily use Tanner De Witt for advice in the area of insolvency and related litigation,” one client says. “It has a number of partners, namely Ian De Witt, Robin Darton and Anthony Hill, who are very capable and experienced in this area. I would have no hesitation in recommending their services.”

Review from IFLR1000 2015

Tanner De Witt Solicitors is delighted to be featured as a top Hong Kong law firm in the 2015 IFLR guide, published earlier this week. Our Restructuring and Insolvency practice ranked in Tier 1 again this year, naming co-heads of the department Ian De Witt and Robin Darton as “Leading Lawyers”, along with senior consultant Anthony Hill.

The 2015 IFLR guide for the best law firms in Hong Kong also recognised our Corporate and Commercial practice, highlighting our involvement in significant M & A mandates as well as our diverse client base, ranging from high net worth individuals to multi-national corporations.

Here’s what IFLR 2015 said about Tanner De Witt Solicitors:

Tanner De Witt is a solid independent Hong Kong firm with a small team that guarantees partner focus.

The firm acts on behalf of Hong Kong and overseas clients in transactions relating to M&A, joint ventures, business sales and purchases, corporate reorganisations, investment and shareholders agreements, private placements, due diligence, private equity transactions and banking and finance.

The firm has been involved in a number of confidential notable M&A mandates involving a wealth management company, real estate, fashion, financial services, interior design and life sciences.

The firm really comes to the fore in restructuring and insolvency, and while the insolvency market in Hong Kong has been relatively quiet in the past year, Tanner De Witt’s team continued to be a strong choice for the available work. 

It has worked on a number of confidential mandates involving a PRC insolvency, bankruptcy, securities brokerage, education, real estate and aviation.

Review from IFLR1000 2014

Tanner De Witt, a large independent Hong Kong firm, keeps its top ranking in the area of restructuring and insolvency thanks to some good peer feedback. On a local level, few dispute the credentials of the firm’s R&I practice. “They are good on insolvency and debt collection,” says a peer. Robin Darton is singled out as “very visible in the insolvency community,” active on both contentious and non-contentious matters. Anthony Hill on the non-contentious side is also recommended by peers. Name partner Ian De Witt is also a staple in the practice: “I have worked with Ian De Witt for a number of years and consider him to be an extremely competent insolvency lawyer,” says a client.

The team has 60 years of collective experience in the field with a team of nine lawyers advising on Hong Kong law. Tanner De Witt’s R&I team has recently acted on a number of the largest insolvencies affecting the Asia region including acting for the trustees on one of the largest on-going Hong Kong bankruptcies as well as providing Hong Kong insolvency and bankruptcy law advice to overseas firms and clients. The firm has an impressive client list that includes KPMG, PwC, Standard Chartered Bank, FTI, RSM Nelson Wheeler, and Briscoe Wong Ferrier.

On the transactional side, the firm has seven qualified lawyers acting on such matters as private equity firms’ cross-border acquisitions in China, joint venture establishments, and M&A matters for other Asia-based corporate clients.

Ian De Witt, Robin Darton and Anthony Hill are listed as leading lawyers.

Review from IFLR1000 2012

“Partners Ian De Witt and Robin Darton are veterans in the Hong Kong restructuring and insolvency arena, and the practice benefits from their especially close relationship with Hong Kong receivers and liquidators in addition to their deep understanding of and close relationship with the Hong Kong restructuring and insolvency community and government authorities. The group is most often involved in the Hong Kong elements of multi-jurisdictional and cross-border issues, on both the restructuring and insolvency sides.”

“Clients can’t seem to say enough good things about Tanner De Witt’s capability and service. As one client tells us: “Insolvency is one of Ian’s specialty areas, and I’ve dealt with him for some time.  He has high ability with insolvency work and in terms of the matters and claims he is pragmatic and commercial, ensuring we get a viable result in a short time.  He always demonstrates the ability to identify the relevant issues and cut to the chase in dealing with them.”

Another client notes: “The partners are very easy to get a hold of and always readily available. They are actively involved in cases rather than handballing them to other staff. They also put a lot of effort into a developing a relationship and maintaining it. They are very keen in nurturing relationship even when there isn’t work going on at that time. In this respect, Tanner De Witt is probably one of the most proactive firms in HK.”

Ian De Witt, Robin Darton and Anthony Hill are listed as leading lawyers.

The 2011 edition of IFLR1000 comments:

“They have ‘nuts and bolts’ liquidation expertise,” admires a client. “There are relatively few lawyers in Hong Kong who do non-contentious stuff – they are one of the few.”

Leading insolvency firm Tanner De Witt continues to receive instructions from some of Hong Kong’s most prominent liquidators, bankers and receivers, and remains in the vanguard of firms to which these institutions turn for advice.

“We would go to them purely for insolvency work,” says an accountant. “They are the best priced firm in town for local litigation work.

Although the lack of full service offerings may dissuade clients from seeking the firm’s quality representation, both market commentators and competitors of Tanner De Witt admit that “for what they do, they do best.”

The firm’s partners in this practice, Ian De Witt and Robin Darton, often feature in a number of first-time events. Darton saw his appointment by the court as a receiver over the $800 million assets of a prominent Asian businessman in connection with the long-running and high-profile international litigation concerning the liquidation of Akai Holdings, the first ever engagement of a solicitor in this role in Hong Kong.

“They really understand what liquidators are looking for and provide a service that is tailored to our profession,” says a liquidator. “We are always under time pressure and urgency, and we never had any problems with Tanner De Witt on that front.”

Other deals of substantial value and importance include Darton’s ongoing role in acting for the administrators of the UK Lehman entities in connection with the over HK$100 billion ($13 billion) intra-group claims on Hong Kong assets, and De Witt’s long-term instruction for the liquidators of Oasis Hong Kong Airlines in all aspects of the cross-jurisdictional administration, from the final sale of aircraft to contentious court applications valued in total in excess of HK$3.7 billion ($475 million).

Ian De Witt and Robin Darton are listed as leading lawyers.