Suntus Kirdsinsap

Senior Counsel


Contact Details

T: + 66 2 264 8000
F: + 66 2 657 2222
Email:

Suntus Kirdsinsap is a senior counsel in the litigation and arbitration practice group. He has extensive expertise, particularly in relation to banking, finance, debt restructuring, bankruptcy, litigation and arbitration and has been the team leader for many of Thailand’s major restructurings. Suntus also represents clients in the enforcement of CIETAC and UNCITRAL arbitration awards in Thailand.

With over 30 years’ experience as counsel for clients and banking and financial institutions in Thailand, including three years as vice president of the legal department of one of Thailand’s major finance and securities companies, he is a regular contributor to publications on restructuring and insolvency in Thailand. 

Recent Experience

Representation of Bridge View Company Limited, the company operating the Montien Riverside Hotel, in its THB 3 billion (USD 95 million) business rehabilitation. Weerawong C&P advised and represented  Bridge View on its negotiation with major creditors, terms and conditions of repayment of debt under the rehabilitation plan and court proceedings in 2018-2019.

Representation of EY Corporate Advisory Services Company Limited (EY) as the plan preparer of Energy Earth Public Company Limited (EARTH), a listed company engaging in the mining, importing, and distribution of coal, as well as power projects in Thailand and internationally, in its THB 23 billion (USD 726 million) business rehabilitation in 2017-2019. Weerawong C&P advised and represented EY in relation to its rehabilitation plan and contentious court proceedings.

Representation of Krung Thai Bank Public Company Limited, Thailand’s 2nd largest bank by assets, and the major creditor in the restructuring and rehabilitation in the Central Bankruptcy Court of Saha Farms Company Limited and its affiliate Golden Line Business Company Limited. This was the largest (in terms of the debt value and the number of creditors) on-going debt restructuring process filed with the Bankruptcy Court in 2014-2015.

Representation of a group of major creditors of Sahaviriya Steel Industries Public Company Limited, Southeast Asia’s largest flat-steel manufacturing complex, in its THB 60 billion rehabilitation.

Representation of Recap Investments Pte. Limited (Recap) as buyer for property in Recap’s USD 500 million (Real Estate Capital Investment) Fund III in Asia. WC&P assisted in reviewing three potential investments for the fund and advised on the acquisition of Mercury Tower, a prime CBD Bangkok office block formerly held by Lehman Brothers. WC&P earlier represented Recap on property purchases in Thailand for their USD 200 million (Real Estate Capital Investment) Fund I, and their USD 200 million Fund II. Mercury Tower valued at USD 40 million and Recap Fund III (Total value) at USD 500 million. (Closed: 28 February 2012).

Representation of Thai Telephone & Telecommunication (TT&T), the operator of a 1.5 million-strong telephone network in the provincial areas of Thailand, in the planning and negotiation for restructuring and refinancing of TT&T’s debts with its Thai and foreign financial and trade creditors.

Representation of PTT Public Company Limited, the largest company by market capitalization on the Stock Exchange of Thailand as a result of the corporatization and privatization of the Petroleum Authority of Thailand. The client succeeded in the Supreme Administrative Court in having a suit attempting to de-list and privatize it dismissed.

Representation of TCC Capital Land Limited (TCCCL) in the acquisition of shares in Metropole Phuket Company Limited from its major shareholders.

Representation of Rich Plus Real Estate Company Limited in the rehabilitation process (in-court) with its creditor.

Representation of ITV Public Company Limited in an appeal of a judgment of the Administrative Court in relation to concession fees and also advising on the business rehabilitation plan of the company.

Representation of Saha Rattana Nakorn Company Limited, a real estate developer, in connection with its second rehabilitation plan.

Representation of Bangkok Rubber Public Company Limited, a company in the sports footwear industry, in connection with its rehabilitation process under the Bankruptcy Act.

Representation of Rangsit Footwear Company Limited in relation to the rehabilitation process (in-court) under the Bankruptcy Act.

Representation of Kiatnakin Bank Public Company Limited, as creditor, in connection with the reorganization plan of its debtors and also assisting Kiatnakin in the relevant in-court procedures.

Representation of Srithai Food & Beverage Public Company Limited in relation to the rehabilitation process (in-court) under the Bankruptcy Act.

Representation of Srithai Feedmill Company Limited in relation to the in-court rehabilitation process with its creditors.

Representation of Srithai Realty and Development Company Limited in relation to the rehabilitation process (in-court) under the Bankruptcy Act.

Representation of Nakorn Thai Strip Mill Public Company Limited in relation to the implementation of the business reorganisation plan approved by the bankruptcy court pursuant to the Bankruptcy Act.

Representation of Mahachai Kraft Paper Company Limited in relation to a rehabilitation process under the Bankruptcy Act.

Representation of Datamat Public Company Limited in a restructuring of its debt obligations with its creditors.

Representation of P.T.K. Metal Company Limited in relation to debt restructuring with its creditors through the in-court rehabilitation process.

Representation of Sunflag (Thailand) Limited in connection with the rehabilitation process (in-court) under the Bankruptcy Act.

Publications

‘Thailand’, Restructuring & Insolvency - Getting the Deal Through, Law Business Research, 2012-2017

Education

LL.B., Thammasat University, 1981

Thai Barrister-at-Law, admitted 1981

Citizenship

Thai

Languages

Thai

Recent Accolades

Outstanding – Restructuring & Insolvency, Asialaw, 2015-2021

Tier 1 - Restructuring & Insolvency, Recommended Lawyer, The Legal 500, 2009-2020

Tier 1 - Restructuring & Insolvency, Band 1 Lawyer, Chambers Asia-Pacific, 2013-2020

Tier 1 - Restructuring & Insolvency, IFLR1000,2021

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