New addition for Singapore office: Luther has recruited Michael Richard Loefler, expert for restructuring and project financing

As of 01 January 2016, Michael Richard Loefler (55) has joined Luther LLP in Singapore as 'of counsel'. The lawyer has about 25 years of experience in project financing: Among other things, he has developed HVB's project financing and asset finance business in the Asia-Pacific region and has worked closely with the Ministry of Finance of Thailand on behalf of the Asian Development Bank. Furthermore, Michael Richard Loefler brings 13 years of industry experience in Asia. He has worked, among others, with Cargill, Golden Agri Resources, GSteel and GJSteel and currently with Stemcor India.

Michael Richard Loefler is joining the team of 18 at Luther to support them in advising financial investors, entrepreneurial families, and other capital market participants in restructuring projects as well as in the purchase and sale of distressed assets.

About Michael Richard Loefler

Michael Richard Loefler is a lawyer admitted in the Federal Republic of Germany. From 1995 to 2003, he has developed the project financing and asset finance business in Asia on behalf of HVB, then the second largest bank in Germany. Following the Asian crisis, he was responsible for the restructuring of the bank in these regions.

During his time with HVB, he served for five years as a director on the board of the Rothschild Golden Arrow Fund, an investment fund specializing in corporate actions for young mining and technology companies.

After leaving HVB, Michael Richard Loefler founded the consulting firm Pacific Navigator Ltd. and worked on behalf of the Asian Development Bank with the Ministry of Finance of Thailand.

From 2006 onwards, he was involved with the development and financing of products to reduce CO₂ emissions on behalf of the US company Cargill. From 2008 onwards, he was with Cargill Trade Structured Finance and responsible for the development of financing structures in India, Thailand and Korea.

From 2011 onwards, Michael Richard Loefler lead the financial activities and the teams in Indonesia, Singapore, China and India for Golden Agri Resources, a global leader in palm oil production.

From July 2013 to July 2015, the lawyer assumed the management responsibilities as CEO for Gsteel PCL and GJSteel PCL, two listed Thai companies with about 1,500 employees.

Currently, Michael Richard Loefler, acting as a non-executive director, supervises the activities of BRPL (Brahmani River Pellets, Ltd.), a Stemcor investment in iron or in India.

Luther in Singapore

For many years, Luther has been advising primarily multinational corporations, banks, public institutions, associations, and mid-sized companies in Singapore and the area and is by far the largest German-speaking law firm in Singapore with more than 80 employees.

We are a long-standing advisor for numerous companies who are represented in Singapore or in the region with subsidiaries, branch offices, joint ventures, regional headquarters or other representative offices. Furthermore, we are consistently the point of contact for German and European companies who are interested in expanding into Asia for the first time. In cooperation with our offices in Shanghai, Kuala Lumpur, Delhi-Gurgaon and Yangon as well as with our network of long-standing cooperation partners in Asia-Pacific, we also regularly advise on cross-border transactions and on multi-regional matters.

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