18 Jan 2024
Top Asian Firm in Global Restructuring and Insolvency Ranking – Rajah & Tann Singapore makes the GRR 30 list for the 6th year in a row
Rajah & Tann Singapore has once again solidified its position as the top Asian firm for cross-border restructuring and insolvency work, ranking among the top 30 global law firms in the Global Restructuring Review's (“GRR”) annual listing for 2023.
Placed 19th among the world's best firms in this field, this marks the 6th consecutive time that the firm has been featured in GRR's prestigious top 30 list of standout firms.
GRR highlighted that “Rajah & Tann is one of only three firms that could be described as 'regional' in the GRR 30 this year due to their continued winning streak of never having left the GRR 30 since 2018.”
Sim Kwan Kiat, Head of the Restructuring & Insolvency Practice said: “We are honoured and proud to be recognised by the GRR 30. This achievement reflects our commitment to excellence, our deep understanding of the complex and dynamic challenges faced by our clients, and our ability to provide them with strategic and practical advice in the most challenging situations. We thank our clients for their trust and confidence in us, and we look forward to continuing to serve them with the highest standards of professionalism and quality”.
The GRR 30 is an annual ranking of the top 30 law firms in the world for cross border restructuring & insolvency work, based on a range of criteria, including the size of their restructuring and insolvency team, the number of countries they serve, the hours billed, the types of clients they have, the value and volume of cases they have worked on, and the level of complexity and innovation required in individual cases.
Rajah & Tann boasts the largest dedicated Restructuring & Insolvency (R&I) practice in Asia and has established itself as a market leader in Singapore and the region. With a strong pedigree and brand recognition in the R&I space, the firm has been at the forefront of major banking and financing disputes, corporate insolvencies and rescues, workouts and debt restructurings, and the enforcement of creditors' rights.
The firm has been at the forefront of the most complex and high-profile cross-border insolvency and restructuring cases, including those of China Aviation Oil, Lehman Brothers, Nortel, MF Global, OW Bunker, Dynamic Oil, Torm A/S, Berlian Laju, Mercator Lines and Omni Shipping, and more recently Hyflux, Shanghai Huaxin, H&CS, Hanjin Shipping, Agritrade, and Vauld Group.
About Rajah & Tann Asia – www.rajahtann.com
Rajah & Tann Asia brings together leading law firms and lawyers in Cambodia, China. Indonesia, Lao PDR, Malaysia, Myanmar, Singapore, Thailand, The Philippines and Vietnam, with each offering the highest standards of service to locally-based clients while collectively having the capability to handle the most complex regional and cross-border transactions, providing legal counsel seamlessly across the region. With over 970 fee earners, all working towards one shared goal, we are lawyers who know Asia and who give our clients home advantage.