Led by Cynthia M. Pornavalai, John Frangos and Thawat Damsa-ard, Tilleke & 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.
Legal 500 Editorial commentary
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