Allen & Gledhill LLP is best known for representing banks and creditors in large-scale restructurings and insolvencies. The firm also advises debtors and other stakeholders and is further noted for its expertise in crypto insolvencies. It is seeing further growth in REIT restructurings, including those exposed to China’s real estate collapse. Logistics is another key area for the team. The core group routinely dovetails with experts in other areas such as banking, financial markets, real estate, tax, fraud investigations, shipping and construction. Chong Yee Leong is head of the restructuring and insolvency team and is co-head of the international arbitration group; with particular strength in contentious matters. Edward Tiong has advised on numerous large-scale restructurings, and is further noted for his expertise in construction insolvencies. Andrew Chan is also rated for contentious insolvencies. Jo Tay is an emerging talent.

‘Consistently meticulous, with deep knowledge and strong commercial awareness’, Drew & Napier LLC is widely recognised for representing debtors, though it also frequently advises lenders, creditors and insolvency officeholders. The firm has landed many of the biggest restructuring and insolvency matters in the region, continuing to impress the market with its leading contentious capabilities. It has a primary focus on cross-border restructurings and insolvencies centred on Singapore. Julian Kwek is co-head of the corporate workouts and restructuring team alongside the highly rated Blossom Hing, SC, who was appointed as Senior Counsel in 2025. Chan Wei Meng, known for his ‘meticulous analytical approach and exceptional attention to details‘, is another senior member of the team and Mohan Gopalan ‘stands out among Drew & Napier’s next generation of partners‘. Sushil Nair has been appointed Judicial Commissioner of the Supreme Court of Singapore.

Rajah & Tann Asia has a substantial presence in Singapore restructuring and insolvency, landing key roles in most of the large matters that centre on the jurisdiction. The firm fields a large team of restructuring and insolvency specialists, covering both contentious and non-contentious disciplines. The group has demonstrated leading expertise in areas such as financial services and technology, including cryptocurrency restructurings and insolvencies, and advised on the first just and equitable winding up of a registered business trust structure in Singapore. The team remains further noted for its experience in the oil and gas and shipping sectors, along with commodities, consumer goods, energy, healthcare and property. Sheila Ng, noted for major fraud and insolvencies in the region, is the new head of the restructuring and insolvency team, which includes the acclaimed Lee Eng Beng, SC and Chua Beng Chye, who remains extremely active in large-scale matters. Raelene Pereira and Wilson Zhu are also increasingly prominent in the market.

WongPartnership LLP is a leader in debtor and special situations investor engagements. The large group frequently collaborates with multiple departments, including intellectual property and employment, while banking colleagues often provide expertise on distressed financings. The firm has a primary focus on cross-border restructurings, primarily those centred on Singapore. China, India, Malaysia and Indonesia are also key markets for the team. ‘Leading light in the field‘, Smitha Menon heads the restructuring and insolvency team, with a background in large-scale cross-border restructurings and corporate disputes. ‘Wonderfully sensible and commercial minded‘, Joel Chng is another key partner in Singapore, while also leading the representative office in Shanghai where he has a major focus on the Chinese market. Daniel Liu is noted for crypto and technology-related insolvencies. Clayton Chong is another key partner. Manoj Sandrasegara has retired and Stephanie Yeo  has left the firm.

Bird & Bird ATMD LLP absorbed the distress and special situations firm BlackOak LLC in August 2025. The legacy BlackOak LLC team has an outstanding record in corporate restructuring and insolvency, representing a range of insolvency professionals, debtors, creditors, and funds. The team has a background in cross-border matters involving Southeast Asia and has an impressive record in foreign proceedings and foreign insolvency orders, including US Chapter 11 proceedings. It has also worked on a notable parallel pre-pack scheme in Singapore with a scheme of arrangement in Hong Kong. The team has landed a number of engagements in cryptocurrency-related restructurings and is further recognised for restructurings involving Indonesian debtors. Ashok Kumar has vast experience in restructuring and insolvency, remaining one of the leading names in the market. Darius Tay continues to make an impression, along with counsel Samuel Loh.

Dentons Rodyk has a strong background in contentious and non-contentious restructurings and insolvencies, with a particular focus on representing receivers and liquidators; the team also represents debtors and creditors on a regular basis. The Singapore team is connected to the firm’s global network, including offices in the region, helping it to attract a steady pipeline of cross-border matters. Construction, energy, technology and transportation are key sectors, among others. Ajinderpal Singh is a real authority on the insolvency and restructuring landscape in Singapore, while Debby Lim has become a driving force behind the firm’s success in this field, along with Kia Jeng Koh, who is noted for construction-related cases; all three co-head the restructuring, insolvency and bankruptcy practice.

Morgan Lewis Stamford LLC has a significant presence in corporate debt restructurings through to contentious matters connected to liquidations, corporate insolvencies and judicial management. The Singapore office has experienced further growth in aviation sector restructurings, among other areas, along with pre-packed schemes of arrangement through the Singapore courts. The firm is particularly noted for representing debtors in restructuring debts through Singapore’s insolvency framework, while it also often acts for creditors in the Singapore courts. Special situations workouts and distressed transactions is another forte for the team. Corporate partner Bernard Lui has vast experience in debt restructurings and has advised numerous large corporates on their debt restructuring processes. Leader of the Singapore litigation practice, Wendy Tan is noted for contentious insolvency and restructuring matters. James Bradley is an aviation industry specialist with a background in restructurings.

Setia Law LLC was established in 2023 with a primary focus on commercial and financial disputes, along with restructuring and insolvency. The firm is particularly noted for financial institution restructurings and insolvencies, digital asset and cryptocurrency restructurings and insolvencies, and large-scale insolvencies linked to fraud and financial crime. The group has a strong track record in cross-border insolvency litigation and claw-back claims and recovery actions. The firm represents a range of financial institutions, private equity and venture capital firms, and multinational corporations; it is particularly known for representing liquidators. ‘Outstanding‘ founder and managing director Danny Ong is a leader in the field, known for his expertise in representing liquidators in contentious insolvency, fraud and claw-back actions. Yam Wern-Jhien is noted for his expertise in contentious insolvency and digital assets. Bethel Chan is another key team member.

Shook Lin & Bok LLP has an impressive history in the restructuring and insolvency field. Led by seasoned professionals David Chan and Sarjit Singh Gill SC, the firm operates across contentious insolvency proceedings and large-scale, cross-border restructuring programmes. The firm has an exceptional record in distressed M&A, liquidations, bankruptcies, receiverships, judicial management and schemes of arrangement. It has made its mark in pre-packaged schemes of arrangement in Singapore under the new debt restructuring regime and further benefits from the expertise of the firm’s high quality banking and finance team. Along with creditors, it frequently acts for debtors and liquidators. Moses Lin, Lee Ping and Jamal Siddique are also key members of the team.

Ascendant Legal LLC has grown its presence in restructuring and insolvency in recent years, especially in contentious restructuring and insolvency, along with fraud and asset tracing. The firm has worked on a number of headline matters, including pre-packaged scheme of arrangement proceedings. Head of restructuring and insolvency, Meiyen Tan has played a pivotal role in the firm’s emerging reputation in this field, while it’s formal law alliance with Norton Rose Fulbright, makes it particularly well-equipped for cross-border matters. Managing director Kei-Jin Chew provides additional disputes expertise, including in insolvency cases.

Harry Elias Partnership has an impressive mix of contentious and non-contentious restructuring and insolvency work for both corporates and individuals. The firm is noted for debt restructuring, judicial management and scheme of arrangement cases. The team's cross broader client base includes companies, directors, shareholders, liquidators, judicial managers, receivers, managers and creditors. It is especially active in the financial, construction and engineering, and real estate (including REITs) sectors.  Justin Chia heads the restructuring and insolvency team and is noted for his expertise in the construction and engineering sector. Kok Yee Keong is also rated for construction and engineering sector matters, along with landlord and tenant cases. Promoted to the partnership in January 2025, Charles Ho specialises in asset recovery, alongside restructuring and insolvency work.

Prolegis LLC, the Singapore formal law alliance (FLA) partner of Herbert Smith Freehills Kramer LLP, substantially bolstered its credentials with the 2023 hires of Daniel Chia, as managing director and head of litigation, and ‘highly effective and trusted adviser‘ Jonathan Tang, who now heads the restructuring and insolvency team. Both have a significant presence in contentious insolvency matters, along with distressed debt transactions and restructuring processes. The ‘outstanding team that punches above its weight‘, has built an impressive record in crypto-related insolvencies before the Singapore courts and is noted for its expertise in advising insolvency practitioners and creditors, including funds and high net-worth individuals.

Oon & Bazul LLP has a background in consensual and non-consensual restructurings, including schemes of arrangement and judicial management. The firm’s restructuring and insolvency team advises multinational corporations, distressed funds, financial institutions, and insolvency practitioners (including judicial managers, scheme managers and liquidators). It is particularly known for representing liquidators and insolvency administrators, while the firm often receives referrals from top international law firms. It is recognised for its expertise in fraud-related cases and cryptocurrency insolvencies. ‘The go-to in this space‘, Keith Han leads the restructuring and insolvency team, which includes Lye Yu Min, who joined from Rajah & Tann Asia in September 2024. Senior associate Ammani Mathivanan is also highly rated.

Providence Law Asia LLC is a prominent dispute resolution-focused firm with an established record in restructuring and insolvency cases. It handles a range of corporate insolvency, business restructurings, corporate distressed situations and personal bankruptcies. The restructuring and insolvency team frequently advises leading insolvency practitioners, including those at the major accountancy firms; it acted for the joint liquidators of Hin Leong Trading. The firm also receives numerous referrals from large international law firms. ‘Heavy-hitting R&I lawyer’ Daniel Tan heads the restructuring and insolvency team, having joined from Shook Lin & Bok LLP in January 2025, while ‘first-rate lawyer‘ Kenny Lau leads the fraud and asset recovery group. The firm’s founder and ‘excellent advocate‘ Abraham Vergis SC has an outstanding reputation in the dispute resolution field and is often engaged to act in major contentious restructuring and insolvency matters. Counsel Alston Yeong is also rated.

TKQP Law LLP continues to land some significant roles in the restructuring and insolvency cases in the market, having advised on the restructuring, judicial management and subsequent liquidation of the Hyflux Group. The firm is noted for insolvency cases linked to fraud, making significant debt recoveries for creditors, along with cryptocurrency insolvency work. The firm has close links to insolvency practitioners, as liquidators and judicial managers, along with debtors and creditors. ‘Very astute tactician‘ Eddee Ng is a seasoned litigator with an extensive background in restructuring and insolvency cases. Keith Tnee also continues to advise on significant insolvencies and restructurings in the market. Leong Qianyu is considered a ‘very hardworking and a bright junior partner' by clients. 

TSMP Law Corporation frequently represents creditors, debtors and insolvency professionals in significant insolvencies and restructurings. It has close connections to large accountancy firms, major banks and significant multinational corporates. The firm is particularly known for insolvency litigation, debt restructuring and workouts, and creditor rights advice. Joint managing partner Thio Shen Yi SC is a leading disputes practitioner with an extensive background in restructuring and insolvency cases, while Felicia Tan is another prominent disputes lawyer with a major focus on restructuring and insolvency; both continued to advise one of the creditors in the $3.85bn Hin Leong insolvency. Kelvin Koh is another key figure in the team and leads the firm’s China desk.

Virtus Law LLP brings together a team of finance and dispute resolution specialists to deliver significant expertise in the restructuring and insolvency field. The group is particularly known for shipping and offshore sector matters and has a solid background in debt restructuring and refinancing, debt for equity swaps, schemes of arrangement, judicial management, Chapter 11 proceedings and insolvencies. The team has strong connections to banks and other creditors. Lauren Tang is an established litigator and has a solid record in major restructurings in Southeast Asia. Finance specialist Jason Yang is further noted for restructurings and enforcement strategies, while head of the dispute resolution team Daryll Ng is rated for maritime restructurings and insolvencies.

Withers KhattarWong LLP is noted for debt restructuring, acting for a range of distressed companies, borrowers, creditors, banks and financial institutions, accountants, financial advisors and insolvency practitioners. It has an especially strong record in representing liquidators. such as in the insolvency of ZenRock, and has a further major focus on the private investment and financing market with it frequently advising private investors in distressed acquisitions of and investments in companies in Southeast Asia. Justin Yip specialises in debt restructuring and insolvency, corporate rescue and workouts, along with distressed and special situation transactions. Special counsel Lam Zhen Yu also specialises in restructuring and insolvency.