Ranked in 1 Practice Areas
1

Band 1

Restructuring/Insolvency: Domestic

Singapore

16 Years Ranked

About

Provided by Ashok Kumar

Asia-Pacific

Practice Areas

• Corporate insolvency

• Corporate restructuring

• Corporate finance

• Corporate and commercial litigation

Career

Ashok Kumar is an internationally recognised lawyer with over 30 years of experience specialising in Corporate Restructuring and Insolvency. He leads the practice at BlackOak LLC, an independent special situations legal firm. Ashok has acted in many high-profile restructuring and insolvency deals across jurisdictions, either as Singapore counsel or international counsel. Handling both the contentious and non-contentious aspects of this practice on cross-border as well as domestic deals, Ashok regularly acts for debtors, creditors, financial institutions, funds and insolvency professionals, providing practical solutions when companies are in a distress or near-distress situation.

Ashok has also contributed significant time and resources towards the development of the corporate restructuring and insolvency field in Singapore and the region. He sits on various committees in law reform and practice development in restructuring and insolvency. He has also released various publications related to his core practice area.

Professional Memberships

• Director, Insolvency Practitioners Association of Singapore

• Member, Law Reform Committee, Singapore Academy of Law

• Adjunct Lecturer, Singapore Management University

• Member of Advisory Board of the Singapore Global Restructuring Initiative (SGRI)

• International Insolvency Institute Representative in UNCITRAL WG V

• Supreme Court Insolvency and Restructuring Court Users’ Committee (IRCUC)

• Member of the CII Task Force on Insolvency and Bankruptcy of the Confederation of Indian Industry (CII)

• Co-Chair of the Asset Tracing and Recovery Colloquium of INSOL International

• Subject Editor of Singapore Academy of Law Practitioners Online for insolvency & restructuring

• Committee Member of the Insolvency Practice Group (IPG) of INSOL International

• Member, Insolvency Practice Committee of the Law Society of Singapore

Publications

- Co-author of article “Cross-Border Restructuring and Insolvency between Singapore and Malaysia” [2024] SAL Prac 3

- Report on Bond Restructuring. Chairman of the Sub-Committee of the Law Reform Committee (SAL) that published this report.

- INSOL International Technical Paper: “Cost Assessment for Debt Collection Abroad in Singapore”, 2021

- Co-author of article “The impact of COVID-19 on restructuring in Singapore, Hong Kong and China from an investor perspective”, Turnaround Management Association, Journal of Corporate Recovery, July/August 2021

- Court-ordered Mediation in Restructuring Proceedings: The Next Reform? [2020] SAL Prac 14, 2020

- INSOL International Technical Project: “Glossary of Terms – Singapore”, 2020

- The Asia-Pacific Restructuring Review 2020, Global Restructuring Review (Law Business Research 2019): “Singapore: Transparency in the Court System”, 2019

- 2017 Insolvency and Corporate Reorganisation Report: Singapore, International Financial Law Review, April 2017

- “Singapore – the Eye of the Storm?”, The Quarterly Journal of INSOL International (INSOL World: 1st Quarter 2016), 2016

- Report of the Law Reform Committee on Litigation Funding in Insolvency Cases (The Law Reform Committee, Singapore Academy of Law), Feb. 2014

- The Law and Practice of Corporate Insolvency (LexisNexis, 2014): Substantive Consequences of Insolvency, 2014

- Foreign Insolvency Proceedings – A New Look at International Comity, Law Gazette (Law Society of Singapore), June 2012

- Halsbury’s Law of Singapore (Butterworths) 2011 edition: wrote chapter on Substantive Consequences of Insolvency

- Halsbury’s Law of Singapore (Butterworths) 2011 edition: Wrote Chapters on Schemes of Arrangement

Personal

Ashok is actively involved in public service. Examples include:

• Adjunct Lecturer School of Accountancy, Singapore Management University

• Trustee at Sri Manmatha Karuneshvarar Temple (a Hindu Temple)

• Deputy Chairman of Tanah Merah Country Club Singapore

Chambers Review

Provided by Chambers

Chambers Asia & Pacific

Restructuring/Insolvency: Domestic - Singapore

1
Band 1
Individual Editorial
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.

Strengths

Provided by Chambers

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