Flora Innes is an associate in the Hong Kong office of Latham & Watkins and a member of the Finance Department.

Ms. Innes’ practice focuses on restructuring and insolvency. She has significant experience in complex corporate restructures, insolvency proceedings, and cross-border disputes, and has acted in many high-profile matters. She regularly advises banks, financial institutions, insolvency practitioners, and corporate borrowers.

Prior to joining Latham, Ms. Innes served as a senior associate in the restructuring and insolvency practice group of a top-tier law firm in Australia.

Ms. Innes’ representative experience includes advising:

  • A UK-listed private equity fund, as the mezzanine lender, in relation to the corporate restructuring of SCF Containers, one of Australia’s largest shipping container providers*
  • Securities Exchanges Guarantee Corporation, in relation to the liquidation of BBY limited, a major stockbroking firm in Australia before its collapse in 2015*
  • The administrators and deed administrators of Hughes Drilling Limited, an ASX-listed mining services company, and its subsidiaries in relation to the reorganization and subsequent sale of the companies’ business*
  • The liquidators of Lehman Brothers Australia Limited (LBA) in connection with:
  • A successful scheme of arrangement which secured insurance payments of over US$45 million from a consortium of US insurers*    
  • A cross-border litigation between LBA and its US parent concerning the validity of “flip clauses” in complex derivative instruments*    
  • The establishment and administration of a claims resolution process for resolving claims of over 200 client creditors*    
  • NSW Ambulance in relation to the Chapter 11 proceedings of CHC Group (a large US helicopter company)*

* Matter handled prior to joining Latham

Thought Leadership

  • “Creditors’ schemes of arrangement - a restructuring tool to pre-empt class action risks?” Clayton Utz Insights (Co-authored, September 2018)
  • “Singapore as a new restructuring hub: how does it compare with the Australian regime?” From Red to Black (Co-authored, September 2018) 
  • “Partnerships, Trusts and Set-Offs – Getting the Priorities Right in Insolvency,” Insolvency Law Journal, 2018 Vol 26 Pt 1 (May 2018)
  • “US District Court upholds safe harbour protection of swap agreements from ipso facto prohibitions - lessons for Australia,” Clayton Utz Insights (Co-authored, April 2018)
  • “No pooling of accounts where clients’ interests in mixed funds are not rateably equal,” Clayton Utz Insights (Co-authored, March 2018)
  • “Where to from here? Unresolved impediments to company restructures in a VA context,” Clayton Utz Insights (December 2017)
  • “To Aid, or Not To Aid - That’s Not the Question; in the Case of Legend, No Aid Was Good Aid,” International Corporate Rescue, Vol 14 (2017) Issue 2 (Co-authored, March 2017)
  • “Insolvency and directors’ duties in Australia: Overview,” Thomson Reuters - Insolvency and Directors’ Duties Global Guide (Co-authored, January 2017)
  • “The Courts flip-flopping (again) on the validity of flip clauses in insolvency proceedings,” Clayton Utz Insights (Co-authored, September 2016)

Bar Qualification

  • Hong Kong (Registered Foreign Lawyer)
  • New South Wales (Australia)


  • LLB, The University of Sydney, 2010
  • Bachelor of International Studies, The University of Sydney, 2008