Troy Greig

Partner

• Profile
• Experience ⬜
• Memberships ⬜

Troy Greig is a Partner in our Restructuring and Insolvency department whose practice focuses on contentious matters with considerable expertise in commercial and insolvency-related litigation, fraud and regulatory work. He is recognised as a key member of the team in the Legal 500 Asia Pacific 2021 ranking of Hong Kong restructuring and insolvency lawyers.

Troy has broad experience advising on all aspects of cross-border winding-up proceedings, bankruptcy, debt restructuring, on-going management and trading of businesses, asset marketing and sale, claims against and on behalf of the distressed estate. Troy advises clients in distressed and insolvent situations on the selection of appropriate regime and the strategic appointment of officeholders to extract maximum value. He has also acted for officeholders including liquidators, administrators and receivers.

Troy’s broad litigation practice covers a wide range of matters. He advises on banking and finance, intellectual property and shareholders disputes, professional indemnity, D&O, product liability and business interruption. He has also advised on contempt of court matters.

Troy advises on high value fraud matters involving debt recovery, asset tracing and the enforcement of judgments and pre-emptive actions such as injunctions and court appointed receivers. As part of the cross-border nature of Troy’s practice, he is experienced in conducting litigation in other jurisdictions by instructing local and offshore firms as lead counsel.

Troy regularly advises on regulatory and compliance investigations and represents defendants in contested hearings and prosecutions. This includes working with the Securities and Futures Commission (SFC), Hong Kong Monetary Authority (HKMA), Insurance Authority (IA); Privacy Commission for Personal Data (PCPD), and the Inland Revenue and Labour Departments. Troy also advises clients on SFC and IA investigations including the review of historical records and advises on IRD issues for clients (including the double taxation treaty). In addition, Troy has experience in investigating professional negligence disputes, mis-selling of products and breach of statutory obligations.

Troy has extensive experience acting in banking litigation matters with a focus on financial transactions disputes. This includes enforcement of securities; guarantees; and contentious matters relating to trade and securities finance, such as disputes concerning Letters of Credit and Bills of Exchange.

Troy has appeared as an advocate in the Court of First Instance, Hong Kong, the Supreme Courts of New South Wales, Western Australia and Queensland, Australia. He holds an LLB (Hons) from The University of Technology, Sydney and a BSc in Psychology from The University of New South Wales in Australia. Troy is very active and enjoys playing tennis, golf and trail running in his free time. He is also an avid contributor to the firm’s Pro Bono and ESG initiatives.

• Profile ⬜
• Experience
• Memberships ⬜

Key Cases

• Advising the receivers (and directors of various group companies) on the commercial and litigious aspects of their appointment over a joint-venture oil and gas development and production asset in Indonesia
• Advising the liquidators of a regional electronics manufacturing and supply group regarding the competing secured claims from 3 major Asian banks, including successfully negotiating settlement
• Advising the Hong Kong subsidiary of a major Australian investment firm being investigated by the Securities and Futures Commission and the Labour Department
• Advising a major mining and engineering company in a dispute with a Japanese conglomerate regarding the fabrication and supply of power generators
• Advising the local and Caribbean based liquidators of a global electronics supplier who are claiming against the former management for fraud and conspiracy

Articles Published

• Escaping the abscondee regime – Bankruptcy Amendment Ordinance 2016
• Legal update: Bankrupt’s contact details are not ‘confidential’, ‘private’ or ‘privileged’
• Seven things directors should keep in mind as the company circles insolvency: the view from Hong Kong

• Profile ⬜
• Experience ⬜
• Memberships

• Restructuring and Insolvency Faculty (RIF)
• International Women’s Insolvency & Restructuring Confederation (IWIRC)
• Turnaround Management Association (TMA)
• The Law Society of Hong Kong
• International Association of Restructuring, Insolvency & Bankruptcy Professionals (INSOL International)
• ThoughtLeaders 4 Fraud, Insolvency, Recovery, Enforcement (FIRE)
• FraudNet Future
• AustCham
• Law Council of Australia