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Herbert Smith Freehills LLP’s team boasts a robust aviation restructuring practice and frequently collaborates with the firm’s office in Jakarta to advise on mandates concerning Bankruptcy and Suspension of Debt Payment (PKPU) in Indonesia. Siva Subramaniam departed in November 2023 and Jamie McLaren left in February 2024.
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Key clients
- AirAsia Group
- Development Bank of Japan, Inc.
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Work highlights
- Advising Philippine National Bank on the restructuring of an estimated $500mln debt in connection with the Chapter 11 filing by Philippine Airlines.
- Advising Nordic Aviation Capital and its 10 subsidiaries on the debt restructuring of Garuda, Indonesia's state-owned airline.
Abbreviated data is displayed for this firm.