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Restructuring/Insolvency: Domestic

Chambers Review

Provided by Chambers

Restructuring/Insolvency: Domestic - Singapore

2
Band 2

What the Team is Known For

BlackOak has a well-respected legal team based in Singapore with a broad contentious and non-contentious practice, particularly focussed on acting for debtors, as well as insolvency practitioners and leaders of schemes of arrangement. The team regularly handles high-value debt restructuring exercises, as well as insolvency litigation. The lawyers are especially active on matters involving the energy, real estate and fintech sectors. The firm has impressive cross-border capabilities, with a particular focus on India and South-East Asia.

Work Highlights

Provided by BlackOak LLC

  • BlackOak acted as the Singaporean counsel for FTX Trading on behalf of the debtor companies in Singapore during its insolvency. This included identifying and preserving assets, dealing with third-party claims and communicating with regulators. 

Strengths

Provided by Chambers

They are extremely responsive and take full ownership of the problems and solutions. We feel they are in our shoes and fighting in our corner in a reasonable, professional and commercial way.

Restructuring/Insolvency: Domestic respondent
Asia-Pacific

The lawyers are problem-solvers who often develop innovative solutions to sophisticated problems. They are also very responsive and helpful.

Restructuring/Insolvency: Domestic respondent
Asia-Pacific

Notable Practitioners

Provided by Chambers

Ashok Kumar
1
Ashok Kumar
1
Band 1

Ashok Kumar is a revered and experienced lawyer in Singapore who has expertise in advising liquidators as well as committees of shareholders and debtors on major insolvencies.

The best restructuring and insolvency lawyer in Singapore. A senior statesman with great experience. He takes an extremely practical and results-orientated approach.

Given Ashok's legal acumen and years of experience, he is one of the best lawyers I have worked with in this space.

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Darius Tay
3
Darius Tay
3
Band 3

Darius Tay is a notable name in Singapore's legal market, advising on restructuring and insolvency proceedings. He often acts on behalf of debtors and liquidators.

Darius remains calm under pressure and is an excellent negotiator, knowing when to be firm and robust on key issues and which points can be horse-traded.

Darius possesses excellent technical ability and commercial awareness. He is also diligent, responsive and dedicated.

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Ranked Lawyers at
BlackOak LLC

Provided by Chambers
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Singapore

Restructuring/Insolvency: Domestic
Ashok Kumar
1
Ashok Kumar
1
Band 1
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Darius Tay
3
Darius Tay
3
Band 3
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