"Of Tollan...'He's the only true pure insolvency litigator in this market.'"
IFLR 1000 (2010)
Richard Tollan is a partner of Mayer Brown JSM. He advises on insolvency and fraud matters. He advises liquidators and other insolvency practitioners on matters of insolvency law and the legal aspects of issues arising in the management of insolvent estates; advises other office-holders appointed by regulatory bodies to manage various types of regulatory administrations and related misfeasance investigations; and advises creditors in respect of their rights and claims in an insolvency environment and other estate administrations.
He also advises banks and other parties with respect to fraud and management of large scale litigation to recover the proceeds of fraud. He advises on investigations into corporate mismanagement prior to insolvency; ICAC and SFC investigations; anti-money laundering/counter-terrorist financing matters; investigations conducted in respect of the Foreign Corrupt Practices Act and other similar legislation. Legal 500 Asia Pacific (2015) described him as "a key name" in this area. He also advises banks on matters of banking law and insolvency litigation and identity theft fraud.
Richard is an accredited Higher Rights of Audience (HRA) in respect of civil proceedings by way of exemption by the Law Society of Hong Kong. He is also a former Detective Inspector in the Commercial Crime Bureau of the Hong Kong Police running multi-jurisdictional investigations into serious fraud.
According to Legal 500 Asia Pacific (2007-09), Richard is described as "fantastic," "contentious specialist" and "very personable". Richard has been nominated as a Leading Restructuring and Insolvency Lawyer in the 21st/2011 Edition of the IFLR1000. He is also a Recommended Restructuring and Insolvency Lawyer by the PLC Which Lawyer? Yearbook in 2008 and the PLC Cross-Border Restructuring and Insolvency Handbook in 2007.