Led by Cynthia M. PornavalaiJohn Frangos and Thawat Damsa-ardTilleke & Gibbins's restructuring and insolvency practice is well-versed in matters concerning business rehabilitation, distribution of assets amid company closure and managing business renewals. Pornavalai and Damsa-ard’s expertise broadly covers bankruptcy, restructuring and insolvency, with the latter recently achieving success in protecting numerous creditors’ interests in the Thai Airways rehabilitation case.

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Key clients

  • American Express
  • Carlyle Aviation
  • Collins Aerospace, a Raytheon Technologies company
  • Dnata Catering
  • Euler Hermes
  • General Motors Thailand and General Motors Powertrain
  • Pratt & Whitney

Work highlights

  • Representing an aviation operating and leasing company in the Thai rehabilitation proceedings of an airline that defaulted on three lease agreements, including preparing and submitting a debt repayment application (valued at $10m).
  • Retained to assist a world leader in the aircraft leasing industry in filing an approximately $2m debt repayment claim under the business rehabilitation plan of an airline.

Practice head

The lawyer(s) leading their teams.

Cynthia M. Pornavalai, John Frangos, Thawat Damsa-ard