CMS's restructuring and insolvency team features a group of lawyers well-versed in navigating the unwinding and closeout intricacies of complex financial products, including derivatives, securitisations, and structured offerings. Kingsley Ong leads the practice and often acts on behalf of a wide client roster, which includes arrangers, borrowers, finance leasing companies, and liquidators, leveraging his extensive expertise ‘in the interplay of Singaporean, HK and Mainland PRC regimes’. Andrew Horton, who heads the shipping and dispute resolution practice, contributes his wealth of insights to the restructuring realm, enhancing the team’s collective expertise. Similarly, the team’s capabilities receive a boost from Steven Wise from the corporate and M&A practice, underscoring the firm’s industry-orientated approach.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Kingsley Ong is the key person who can solve the problem and make the whole project run smoothly.'

  • ‘Kingsley Ong is experienced and a master of his craft.’

  • ‘Attention to detail and good thinking outside the box’

  • ‘Kingsley Ong is extensively knowledgeable, a great communicator, and always available. A go-to guy for insolvency problems, especially knotty ones.’

  • ‘Professional, efficient, friendly and resourceful.'

  • ‘Kingsley Ong is an experienced lawyer with a strong network of clients and excellent commercial sense. He is responsive and hands-on with cases and always offers practical advice.’

  • ‘Kingsley Ong is very commercial indeed and has that unusual and valuable expertise in the interplay of Singaporean, HK and Mainland PRC regimes.’

  • ‘In the past few years, CMS has been providing litigation support for our company. The CMS team is proficient in business and very dedicated, and can help us deal with various issues in a timely manner. With the help of CMS, related lawsuits have achieved their expected goals.'

Key clients

  • Aspect Properties Japan Godo Kaisha
  • Axis Bank
  • BOCI
  • China Huarong International Holdings Limited
  • Huarong International Financial Holdings Limited
  • China Zenith Chemical Group Limited
  • Deloitte
  • Ernst & Young
  • ICBC International Finance Limited
  • MDME Limited
  • The Great European Carnival Limited
  • Meritz Securities
  • Morgan Stanley
  • Taipei Sky Tower development group
  • Xiwang Investment Company Limited
  • Xiwang Special Steel Company Limited

Work highlights

  • Advised the Bank of China on the successful workout of the Tsingshan-LME nickel derivatives crisis.
  • Advising Xiwang Special Steel Company Limited, a Hong Kong listed company, on its insolvency restructuring activities.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Kingsley Ong

Other key lawyers

Andrew Horton, Steven Wise, Simon Barrell, Tony Lau