NRF names Australia chair as global financial restructuring and insolvency co-head

Scott Atkins joins as the firm anticipates greater economic headwinds

NRF names Australia chair as global financial restructuring and insolvency co-head
Scott Atkins

Norton Rose Fulbright (NRF) has named Australia chair Scott Atkins co-head of its global financial restructuring and insolvency practice.

Atkins will helm the team with US partner Howard Seife. The appointment comes as the firm anticipates worldwide economic fallout driven by several factors in the near future.

“Through the remainder of 2022 and into next year, we expect greater economic headwinds as the result of inflationary pressure, governments winding back COVID support measures and continuing geo-political unrest, supply chain constraints and rising interest rates. These factors will see an increase in cross-border and domestic restructuring and insolvency matters, which we are well placed to help our clients navigate,” Atkins explained.

Atkins brings a wealth of international experience to the table. He assisted in drafting a new insolvency and restructuring framework for Myanmar, partnering with the Asian Development Bank and the Union Supreme Court of Myanmar. His work led to the implementation of the country’s landmark insolvency law in February 2020

Chambers and Partners APAC named him the sole “Eminent Practitioner” in Australia for several years. He has served as president of INSOL International, of which he was an inaugural fellow, and has chaired INSOL’s Asian Advisory Council. He was also the immediate past president of the Australian Restructuring Insolvency and Turnaround Association.

“We are thrilled to have Scott join Howard in leading this globally renowned team for our clients and our firm. Bankruptcy, financial restructuring and insolvency is a major focus of our cross-border work, and we are fortunate to be trusted by multi-national clients to advise on their most complex matters,” NRF global CEP Gerry Pecht said. “Scott’s history of leading insolvency associations, and the unique perspective he has gained from helping countries to modernise their insolvency regimes, will be an enormous benefit to our clients and people.”  

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