WongPartnership became the only Singapore firm ranked on the Global Restructuring Review's (GRR) global top 30 law firms list for insolvency and restructuring.

Called the GRR30, these firms top a list of 100 firms identified by GRR in its guide to the world's best cross-border practices "as a safe pair of hands for carrying out insolvency and restructuring work with an international dimension".

WongPartnership, the only national firm from Asia in the top 30, was selected based on its track record, value of current cross-border restructuring and insolvency cases and the number of such active matters handled in the last two years.

The Singapore giant was also nominated for two other awards at the GRR Awards dinner held in London on Wednesday.

Mr Manoj Pillay Sandrasegara, the joint head of the firm's restructuring and insolvency practice who attended the London event, said: "The innovative legislative amendments by our Government has been a game changer in strengthening Singapore's ability to help troubled companies in the region rehabilitate effectively."

He said the firm was honoured by the international recognition of its practice, which he said was on the forefront of developments shaping Singapore's restructuring and insolvency laws. "For this, we thank our valued clients who continue to entrust to us, their most complex and important cross-border insolvency matters."

K.C. Vijayan