Director
Singapore
+65 6521 6741
Highly regarded
English
Malay
Restructuring and insolvency
Banking
Financial services
Oil and gas
A well-respected veteran in the area of corporate restructuring and insolvency, Ashok is versatile in both the contentious and non-contentious aspects of cross-border and domestic deals, and has acted for a wide range of debtors, creditors, financial institutions, funds, and insolvency professionals over the years.
• Advising Swiber Holdings Ltd in the road leading up to its judicial management application;
• Advising Glencore Singapore Pte Ltd and BP Singapore Pte Ltd in the contentious restructuring of Jurong Aromatics Corporation Ltd. Total debt > USD3 billion with diverse creditor profiles;
• Advising the liquidators of Vanguard Energy Pte Ltd (a company with revenues > USD1 billion) in matters which include obtaining High Court approval for litigation funding of insolvent companies;
• Advising international counsel for Lehman Brothers Holdings Inc in relation to the global dissolution of various Singapore-based subsidiaries;
• Advised Noble Resources International Pte Ltd in the successful obtaining of a Mareva injunction over assets > USD94 million, following PT Asmin Koalindo Tuhup being placed in temporary PKPU in Indonesia;
• Advised noteholders in the complex restructuring of PT Bumi Resources Tbk, which involved stakeholders from multiple jurisdictions.
• Financial restructuring
• Restructuring and insolvency
• Banking
• Financial services
• Oil and gas
Singapore
England & Wales
Director, Insolvency Practitioners Association of Singapore
Director, Turnaround Management Association, Singapore
Member, Law Reform Committee, Singapore Academy of Law
Member, Insolvency Practice Committee, Law Society of Singapore
LL.B. (Hons) London, Queen Mary College