Dentons Rodyk

Arbitration, Commercial Litigation, Competition and Antitrust, Financial Markets Litigation and Regulation, Restructuring, Insolvency and Bankruptcy

Ajinderpal Singh is a senior partner in Dentons Rodyk's Litigation and Dispute Resolution and Arbitration practice groups. He is Co-Head of the Restructuring, Insolvency & Bankruptcy, White Collar and Government Investigations and Competition & Antitrust practices. He is also the Singapore-India and Singapore-Indonesia relationship partner. As a banking and insolvency practitioner, Ajinder has presented judicial management petitions for several creditors. He acted for the judicial managers of Singapore Leasing Pte Ltd, Tang Dynasty and Showpla Asia Ltd. He has been involved in preparing schemes of arrangements between companies and their creditors and reconstruction and amalgamation schemes for solvent groups of companies, often under time-sensitive and pressing conditions. He has represented liquidators and assisted them in investigations into the affairs of the company, notably in cases involving fraud, cross border asset tracing actions and suspected insolvent and fraudulent trading. Most notably, he recently acted for a Chinese state owned fund to recover over US$60 million invested by way of bonds in a Singapore listed company. The case involved asset recovery actions across borders in Singapore, Hong Kong and China. Issues concerning the Singapore listed entity were widely reported in the media and the team had to take out multiple urgent freezing order applications. He is also representing Perpetual Trustee who is the trustee for retail investors, who are collectively owed S$500 million in the ongoing insolvency proceedings involving Hyflux, a Singapore desalination company. The matter is widely reported in the media. He has also acted for receivers. His banking experience includes complicated disputes concerning syndicated loans in excess of tens of millions of dollars.

Ajinder and his team are also authors of the Insolvency, Restructuring and Dissolution Act Compendium (LexisNexis) released in November 2020. The IRDA was passed in July 2020 and represents the conclusion of a long review of Singapore’s insolvency laws and is aimed at positioning Singapore as a restructuring hub in Asia. The new laws incorporate elements of US Chapter 11 proceedings by way of moratorium proceedings allowing the debtor to remain in control pending presentation of proposals of its scheme of arrangement with creditors. Further Singapore has also become a signatory to the Model law. The IRDA Compendium is the only resource book published to date concerning the new laws and contains detailed section by section analysis with relevant case law expositions including a detailed write up on how the cross border elements in the new law are to apply including court to court protocols.

Ajinder has a broad and diverse range of arbitration experience. He has been involved in ICC, SIAC and other "ad hoc" arbitrations. He is well versed with issues related to the enforcement of arbitral awards, including applications for the setting aside of such awards. He has represented an investment fund vehicle against a local listed company in a dispute over their investment in a condominium development project. He acted for a major Japanese institution against its Indonesian joint venture partner. He has been involved in proceedings concerning the setting aside of a substantial arbitral award in favour of an American company against a state owned Indonesian oil and gas company.

Senior Partner – Dentons Rodyk & Davidson LLP (2004 - present) Rajah & Tann (1998 - 2003) Drew & Napier (1997 - 1998)

English

University of Leeds, LLB (Hons)