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  1. Restructuring and insolvency: Local firms
  2. Leading individuals

Leading individuals

Allen & Gledhill LLP’s Ronnie Quek and Andrew Chan acted on significant mandates including the scheme of arrangement for TT International. It also advised Nordea Bank Finland and Citicorp International on the high-profile bankruptcy of Korea Line Corporation, and acted for the bank creditor on restructuring S$360m of debt owed by subsidiaries of Jaya Holdings in bankruptcy.

Drew & Napier LLC’s restructuring team is ‘exceptionally smart, aggressive and creative in dealing with complex legal issues’. Mandarin speaker Julian Kwek is advising the Sawit Mas Group on its corporate restructuring. Davinder Singh SC and the ‘highly skilled and hardworking’ Blossom Hing successfully obtained an order to appoint provisional liquidators over Singapore-listed, China-based Celestial Nutrifoods. Kwek, together with Sushil Nair and Chan Wei Meng is acting for S-Chip companies Fibrechem Technologies and China Hongxing Sports Co.

Rajah & Tann LLP’s Lee Eng Beng SC, Sim Kwan Kiat and Ryan Loh act for a syndicate of banks regarding the insolvency and restructuring of Korea Line Corporation. Lee Eng Beng SC and Lynette Koh acted for creditors in the $100m restructuring of companies in the Drydocks World group. Lee Eng Beng SC’s team successfully represented the liquidators of Progen Engineering Pte and TT International in two significant Court of Appeal decisions.

According to clients, Shook Lin & Bok LLPconsistently performs to an extremely high standard’, advising on liquidations, receiverships, judicial management and schemes of arrangement David Chan, described as ‘proactive and commercially sensible in often difficult circumstances’, is acting for the Cayman Islands and Singapore liquidators of Petroprod. Sarjit Singh Gill SC and Vinodh Coomaraswamy SC are advising on Armada (Singapore) Pte’s insolvency.

WongPartnership LLP’s 25-lawyer restructuring group, led by Chou Sean Yu and Mark Choy, recruited restructuring expert Manoj Sandrasegara from Drew & Napier LLC. Signficant mandates included acting for TT International in its consensual restructuring, and advising M+W Singapore Pte on the assets of the Jurong Data Centre Development Pte in receivership. Sandrasegara acted for Korea Line Corporation to prevent the arrest and seizure of the company’s 186 vessels.

Rodyk & Davidson LLP represents international and local banks in transactional and contentious matters. Rodney Keong represented the provisional liquidators of China Sun Bio-Chem Techology Group in the High Court. Lawrence Teh successfully applied to the courts on behalf of Fortescue Metals Group to reverse the process of winding up its subsidiary FMG International Pte. Practice co-head Herman Jeremiah is ‘responsive and provides sound advice’.

At Stamford Law Corporation, practice head Tan Chuan Thye, recently hired from Baker & McKenzie.Wong & Leow along with Justin Yip, represents Ernst & Young Solutions LLP, the judicial managers of Sino-Environment Technology Group. Ashok Kumar left to join TSMP Law Corporation

TSMP Law Corporation recruited practice head Ashok Kumar from Stamford Law Corporation. Highlights included advising UOB as major lender to Nautical Offshore Services, principal shareholder of Jaya Holdings, and advising S-Chip company KXD Digital Entertainment on restructuring, corporate governance and debt.

Tan Kok Quan Partnership represents liquidators, judicial managers, receivers and managers from major accounting firms as well as acting for for creditors and directors of insolvent companies. Managing partner Ramesh Kannan and Eddee Ng are leading names.

Wong & Leow LLC’s dual-qualified James Huang acted on the $1bn Jaya restructuring. Emmanuel Hadjidakis has acted on cross-border debt restructurings across Asia Pacific. Tan Chuan Thye and Justin Yip left to join Stamford Law Corporation

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