Restructuring/Insolvency: Domestic

BlackOak has a well-respected legal team based in Singapore with a broad contentious and non-contentious practice, particularly focused 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, shipping and manufacturing sectors. The firm has impressive cross-border capabilities, with a particular focus on India and South-East Asia. BlackOak represents clients such as Eqonex, Nam Cheong and Yang Kee Logistics.

"BlackOak have deep understanding of the industry and also technical knowledge of R&I. The firm demonstrates quick and comprehensive responsiveness."

"We have found BlackOak to be technically adept, with a clear edge in regulatory issues and a deep understanding of the restructuring and insolvency space."

BlackOak advised the informal steering committee on the restructuring of Indonesian company Pan Brothers, which involved a pre-packaged scheme of arrangement.

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. "Ashok and his team are always able to provide a solution and evolve the strategy as things unfold." "He is a very safe pair of hands and someone to trust in difficult and big situations. He is a good person to have in a tough negotiation."

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 is very smart and comes up with creative solutions. He thinks creatively around the problem and knows what needs to be done to unlock a difficult situation." "It is a pleasure working with Darius. He provides quick turnaround times and valuable input."