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Thanawan Kirdsinsap is senior associate in the restructuring and insolvency
practice group as well as the litigation and arbitration practice group at Weerawong C&P. He
advises clients on domestic and international disputes in a wide range of industries. Recent Experience Representation of Thai AirAsia
X, the low farelong haul carrier, through its successful rehabilitation process. In
August2023, the Central Bankruptcy Court issued an order for approval of the USD 1.7billion
(approximately THB 62 billion) business rehabilitation plan to revampthe company’s administration
process and restructure its debts, deliveringgreater efficiencies and a solid platform for future
growth. Representation of
Apus DevelopmentCo., Ltd. (Apus), a real-estate development company investing in
thebusiness rehabilitation of Bazis Development Company Limited (Bazis),the real-estate
developer of the Centara Grand Residence and Centara GrandJomtien, a major condominium and residence
project in Pattaya, Thailand.Weerawong C&P worked together with Apus and Bazis in purchasing
Bazis’sshares and Bazis’ creditors’ debts valued at THB 1,300 million. Representationof
Bridge View Company Limited, the company operating the MontienRiverside Hotel, in its THB 3
billion (USD 95 million) business rehabilitation.Weerawong C&P advised and represented Bridge
View on its negotiation withmajor creditors, terms and conditions of repayment of debt under
therehabilitation plan and court proceedings. Bridge View closed the deal sellingits assets with the
right of redemption, as a substitute for mortgage, to aninvestor. On 21 September 2021, the court
held that the business rehabilitationwas concluded. (2018-2021) Representation of Pace Development Public CompanyLimited, and its
affiliates in Thailand, as well as Siam Commercial BankPublic Company Limited, in relation to
the rehabilitation of PaceDevelopment in Thailand and reorganization of its assets and
businesses,namely, Dean & DeLuca Group, in the United States under Chapter 11 of theUS
Bankruptcy Code, with the total amount of claims involved in therehabilitation exceeding THB 30
billion. (2020) Representation of EY
CorporateAdvisory Service Company Limited (EY), as the plan preparer and
planadministration in the restructuring and rehabilitation of Saha Farms CompanyLimited and Golden
Line Company Business Limited in an on-going, majorrehabilitation matter in Thailand. The total
value of the restructuring andrehabilitation is approximately USD 1 billion.
(2017-2019) Representation of
Sahaviriya Plate Mill Public CompanyLimited in its THB 6 billion business reorganization.
(2017) Representationof
the major creditors of Sahaviriya Steel Industries Public Company Limited,Southeast Asia’s
largest flat-steel manufacturing complex, comprising SiamCommercial Bank Public Company Limited,
Krung Thai Bank Public Company Limited,and TISCO Bank Public Company Limited as well as SSI
TH in the THB 60billion rehabilitation. Representation of the major
creditorsof Sahaviriya Steel Industries UK Limited, comprising Sahaviriya SteelIndustries
Public Company Limited, Siam Commercial Bank Public Company Limited,Krung Thai Bank Public Company
Limited, and TISCO Bank Public Company Limited,in the process of dissolution and winding up of the
company in the UnitedKingdom, as well as accumulation, sales, and distribution of proceeds of
theassets to the creditors, with an approximate total claims of THB 30 billion.
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EducationLL.M., London School of Economics & Political, UK, 2015
LL.B., Thammasat University, 2014 CitizenshipThai LanguagesThai, English Recent AccoladesRising Star – Restructuring and Insolvency, IFLR1000, 2025
Recommended Lawyer – Restructuring and Insolvency, The Legal 500, 2025 |
