Restructuring/Insolvency: International | Asia-Pacific

Clifford Chance is a leading law firm in Singapore, assisting a range of clients, including creditors, lenders and debtors, in numerous high-value restructuring and insolvency proceedings. The team is often seen acting for leading banks, leveraging the firm's impressive regional connections, and is able to represent insolvency appointees such as liquidators. The firm is particularly active in the aviation, energy, marine and commodities sectors. Clifford Chance has a Formal Law Alliance with Cavenagh Law, giving clients access to expertise in contentious matters. Clients represented by the team include Avolon, Asian Energy Hydro Power and Wilmington Trust SP Services.

Gibson, Dunn & Crutcher is a leading law firm with a strong market presence in Singapore. The firm possesses top expertise with regard to major restructurings, with specialist expertise acting for debtors on high-stakes restructurings and liquidations. The team also often represents investors looking to invest in distressed scenarios as well as restructuring advisory firms. The practice is active across a variety of sectors including energy, shipping, telecoms and manufacturing. Examples of the firm's clientele include Sritex, Design Studio Group and Point72 Asset Management.

Milbank is a standout law firm in Singapore for restructuring and insolvency, highly respected in the market for both its creditor and debtor-side capabilities. The firm also regularly acts for the steering committees of noteholders. Milbank draws on its experienced team to handle complex matters and is especially active in the Indonesian market. The team is well placed to advise on bond and equity restructuring. The firm offers sector expertise in energy, oil and gas, transportation and real estate.

Baker McKenzie is a respected law firm in Singapore with extensive experience acting on behalf of creditors, noteholders and debtors across insolvency and debt restructuring matters. The firm is well equipped to handle enforcement actions. The team is particularly active in the transportation, manufacturing and textile sectors. Universal Terminal, Thai Airways and Bank Central Asia feature among the firm's clientele.

Hogan Lovells has an experienced legal team in Singapore that advises on both contentious and non-contentious restructuring and insolvency matters, frequently representing financial institutions and insolvency professionals. The firm is capable of advising on distressed M&A and the sale of non-performing loan portfolios. The team is involved in cross-border matters across the Asia-Pacific region, with the ability to draw on resources from its overseas offices, including an association with Dewi Negara Fachri & Partners to facilitate cross-border matters in Indonesia. Active across a variety of sectors, including power, real estate and mining. Clients of the firm include Kroll, Madison Pacific and Deutsche Bank.

King & Spalding has a robust legal practice in Singapore which frequently acts on behalf of debtors and shareholders on restructuring processes. The practice is particularly active on work in South-East Asia, India and more broadly across the Asia-Pacific region. The firm offers particular sector expertise in the energy and marine industries. Clients of the firm include CarVal Investors, Kroll and MMI International.

Linklaters has a well-respected legal practice in the Singapore market with experience working for bondholders and lenders in restructuring and insolvency proceedings. The team in Singapore is integrated with the firm's Hong Kong restructuring and insolvency group and particularly adept at handling multi-jurisdictional mandates. The department offers sector expertise in manufacturing, real estate and transportation. Golden Wheel Tiandi, Yuzhou Group Holdings and Redsun Properties feature among the firm's clientele.

A&O Shearman's team in Singapore regularly handles cross-border restructuring matters, often in conjunction with the firm's Hong Kong and Jakarta offices. The team is especially well placed to advise creditors on big-ticket debt restructuring work, as well as acting for liquidators and trustees. The firm is engaged on work in numerous sectors, including manufacturing, energy and real estate. On 1st May 2024, Allen & Overy and Shearman & Sterling merged to form A&O Shearman.

Stephenson Harwood is well regarded in Singapore's legal market for advising on high-value restructuring and insolvency matters, particularly in the shipping and offshore sectors. The firm is involved in both cross-border and domestic matters, especially representing lenders, with the ability to draw on expertise from the firm's global network. The department is well placed to advise on schemes of arrangement and enforcement proceedings. Berge Bulk Shipping, Lion Air and MUFG Bank are examples of clients represented by the firm.