Milbank Expands Financial Restructuring Practice with Addition of Partner Nick Dunstone in Asia

SINGAPORE,April 5,2023 -- Milbank LLP is pleased to announce that Nicholas Dunstone has joined the firm's Singapore office as a partner in the Financial Restructuring Group.

Nicholas Dunstone

"We are thrilled to welcome Nick to the firm," said Milbank Chairman Scott A. Edelman. "Nick brings significant knowledge as both a lawyer and investment professional that spans a broad range of geographic markets. His expertie will be invaluable as we continue to expand the scope and capabilities of our global restructuring practice."

Mr. Dunstone joins Milbank with 25 years of experience as a restructuring specialist in multiple jurisdictions across the globe. His experience includes acting as a legal adviser to the global fund and distressed investing community and serving as a partner in an investment fund.

David H. Zemans,Managing Partner of the firm's Asia Practice and Singapore office,added: "Milbank is proud of its longstanding commitment to Asia,with a leading market practice in advising clients on restructuring situations. Nick's addition as a dedicated restructuring expert further highlights the breadth of our services in the region while complimenting our ability to service clients on the most complex situations. Nick has a reputation as an excellent lawyer with a vital understanding of the region built over his decades of experience,making him a fantastic addition to the team."

Mr. Dunstone has built a highly distinguished global practice representing funds and financial institutions in an array of complex situations. He started his career in London representing US hedge funds in European distressed situations,then moved to an Australian firm to establish a market leading practice in Australia representing global distressed investing funds. He then moved to Hong Kong to join an international law firm's Asian restructuring practice.

"Nick's arrival further enhances our global financial restructuring capabilities and expands our service offerings into Asia,where he is already a highly regarded restructuring advisor," said Dennis Dunne,Practice Group Leader of Milbank's Financial Restructuring Group. "The combination of his experience as a lawyer and principal within a leading distressed investing fund provides him with a unique skill set,as well as a depth of understanding of the options,strategy and leadership required to achieve the best outcome in complex restructuring situations. His strong presence adds to our existing global preeminence,and we look forward to establishing our restructuring presence in new global markets."

Prior to joining Milbank,Mr. Dunstone was most recently a partner at Asia Research & Capital Management,a leading investment firm in Hong Kong,where he led investment in private and public credit situations,including primary lending,special situations and distressed debt situations across Asia and globally. Mr. Dunstone had a particular focus on energy and infrastructure investments.

"I am thrilled to be joining Milbank's Financial Restructuring Group," said Mr. Dunstone. "The firm's global reputation for top tier,international counsel will provide outstanding opportunities for me to provide the best possible service to clients,especially in complex multijurisdictional situations. I developed a relationship with Milbank while working as an investment professional,drawing me to the firm's skill set and commercial problem-solving focus. I am excited to start working with my colleagues across the firm globally,with a focus on restructuring situations across the Asia-Pacific region."

Milbank's Financial Restructuring Group is known globally for prominent corporate restructurings and groundbreaking chapter 11 cases. The practice is at the forefront of most of the largest,most complex corporate restructuring matters in the world,led by Mr. Dunne in New York and partner Yushan Ngin London. Mr. Dunstone's addition completes the firm's global coverage of leading restructuring specialists by expanding the practice in Asia.

Mr. Dunstone received his Bachelor of Laws from the University of Adelaide,Australia. He is admitted as a Barrister and Solicitor of the Supreme Court of South Australia and as a Solicitor in England & Wales.

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