Ashleigh Tang

Counsel, Sydney



Ashleigh is a counsel in the White & Case Financial Restructuring and Insolvency Group, specialising in business restructuring and insolvency law. She has significant experience implementing high-profile restructuring transactions in Australia and internationally, on either a consensual basis or utilising the Australian insolvency processes.

Ashleigh's practice encompasses distressed investing strategies and outcomes, including debt to equity conversion transactions, debt trading, and loan portfolio acquisitions and workouts. She provides valuable insights on the Australian insolvency regimes and regularly advises insolvency practitioners on their formal appointments.

Ashleigh is committed to the development of the industry and the next generation of professionals, actively contributing to the Australian Restructuring Insolvency and Turnaround Association (ARITA) and the Turnaround Management Association (TMA).  For the TMA, she served as the Chair of the NSW NextGen Committee in 2019.

Bars and Courts
New South Wales
High Court of Australia
Bachelor of Laws
University of Sydney
Bachelor of Arts
University of Sydney


Highlights of Ashleigh's experience* include:

Restructuring and Insolvency

  • Acting for the secured creditor in respect of the complex dual receivership and voluntary administration of the Dundas Mining group of companies, including the proposal and implementation of a joint deed of company arrangement for the restructuring of the Avebury Nickel mine.
  • Advising the Myer Group on its innovative debt restructuring, involving a shift from a corporate financing package with various domestic and international banks to an asset-based financing structure with market-leading asset-based financiers.
  • representing an international media and entertainment group in respect of the Australian elements of its global business restructuring.
  • Advising a major financial institution on contingency planning and downside risk management associated with the sale of a significant loan portfolio.
  • Acting for Oaktree Capital Management in relation to its bid for and successful acquisition of online retailer Zanui via voluntary administration.
  • Advising the secured creditor in relation to the voluntary administration and restructuring of the Flow Systems group of companies.
  • Representing the administrators of the Sphere Healthcare pharmaceutical companies in respect of the voluntary administration, negotiation and execution of a deed of company arrangement and court application under s444GA of the Corporations Act.
  • Acting for the voluntary administrators in respect of the contentious administration and subsequent liquidation of Atlas Construction Group Pty Ltd.
  • Representing the security trustee in respect of a debt restructuring of Network Ten effected via a dual voluntary administration and receivership process which culminated in a deed of company arrangement and transfer of shares to CBS by way of an application under s444GA of the Corporations Act.
  • Advising the Crabtree & Evelyn group on its business restructuring and ultimate exit of the Australian market.
  • Acting for the two monoline insurers (Syncora Guarantee Inc. and FGIC UK Limited) that had credit wrapped Reliance Rail's entire $2 billion debt profile to secure a successful debt restructuring, which involved the insurers being taken off risk. The exposure to Reliance Rail was the insurers' single largest exposure globally.

Debt Trading and Special Situation Investing

  • Acting for Oaktree Capital Management in relation its financing and ultimate acquisition of the Marlin Brands group.
  • Representing Tor Investment Management in relation to its investment in CleanTech impact investor, TrueGreen.
  • Acting for Bain Capital Credit and Deutsche Bank on their acquisition of the $1.9 billion GE Commercial Finance business.
  • Representing Bain Capital Credit in respect of the Australian elements of its acquisition of the JPMorgan Global Special Opportunities Group, comprising various debt and equity assets in Australia, New Zealand, Indonesia and Singapore.

Alternate Investment Funds

  • Advising various alternate capital providers, hedge funds and foreign investors in respect of the restructuring of their debt and equity investments in Australia.

*Experience prior to joining White & Case