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Rishi Hindocha

Partner

Rishi has extensive experience advising on restructuring, insolvency and financing matters in a wide range of industries and jurisdictions.

His work includes advising on financings for distressed and special situations, informal (consensual) restructuring, formal (court based) statutory rehabilitation and reorganisation (such as via scheme of arrangement) and on insolvency, recovery and enforcement (such as through judicial management, liquidation and receivership).

Rishi advises stakeholders across the capital structure on restructuring and enforcement options, distressed debt trading and financings, distressed M&A acquisition finance and structured financings.

Before joining our Singapore office, Rishi was based in London with the firm’s award winning London restructuring practice group and has advised on some of the largest and most complex cross-border financings and restructurings, including on Metinvest Group’s award winning scheme of arrangement and the COMI-shift scheme of arrangement for Celsa Huta, the first time an English scheme had been used to restructure a Polish corporate.

Rishi was voted a Rising Star at the 2023 IFLR Asia Pacific Awards, a Rising Star in the 2022 Global Restructuring Review 40 under 40 and featured in INSOL International’s 2022 Young Practitioner Spotlight.

Experience

Representative matters

A global financial institution in its capacity as a bilateral lender and scheme creditor in the high-profile restructuring and Singapore scheme of arrangement of PT Pan Brothers Tbk.

The de facto steering committee (led by Sumitomo Mitsui Banking Corporation and Bank Mandiri) and bank syndicate of 18 onshore Indonesia and regional banks on the successful USD3.2 bn financial restructuring of PT Perkebunan Nusantara III, an Indonesian state-owned enterprise.

Keppel Offshore & Marine Ltd in connection with its exposure to Floatel International, one of the world’s largest offshore accommodation or “floatel” (floating hotel) providers.

Singamas Container Holdings Limited on the debt re-profiling, and subsequent repayment of the debt, by its controlling shareholder, Pacific International Lines (Private) Limited (PIL) involving a Singapore scheme of arrangement undertaken by PIL and a USD600m financing package from Heliconia Capital Management Pte. Ltd.

Pro bono

Working with HCSA on their mentorship programme “STEP UP”, providing mentorship and support to ex-offenders as part of their reintegration into society.

Working with the Halogen Foundation in Singapore on their entrepreneurship programme for high school-aged children.

Working with the Toynbee Hall free legal-advice clinic in London advising on a range of issues within English law.

Published Work

  • Rishi Hindocha, Michael Pek, Jonathan Cho (2022), “Fishing in turbulent waters: crypto opportunities in Singapore and the US”, IFLR.
  • Ian Chapman, Rishi Hindocha, Michael Pek (2022), “Crypto loans and security: Lessons from the crypto winter”, INSOL International.
  • Article on the Re Kobian Pte Ltd decision in which the Singapore High Court, for the first time, exercised its discretion to decide that a scheme of arrangement proposal put forward by a company was not feasible and ultimately did not grant the scheme company leave to hold scheme creditor meetings.
  • Article on the Re Prosafe SE decision, which discusses the Rule in Gibbs, a principle which provides that an English law debt may only be modified or extinguished under English law. This article was requested for re-publication by Herstructurering en Recovery Online (Business Restructuring & Recovery Online) in the Netherlands.

Speaking Engagements

  • Guest speaker at the Singapore Academy of Law
  • Guest speaker at APLMA seminars
  • Guest speaker at a panel seminar hosted by the University of Sydney Law School
  • Guest speaker at Jindal Global Law School

Leadership Positions And Professional Affiliations

  • Member of the Law Society of England and Wales
  • Member of the Turnaround Management Association
  • Member of INSOL
  • Member of International Women’s Insolvency & Restructuring Confederation (IWIRC)
Recognition
Rishi is a technically strong lawyer and a future market leader in restructuring.
Chambers and Partners, 2022
Rishi is a technically strong lawyer and a future market leader in restructuring.” “He is a really strong lawyer on matters that are difficult and he has a good ability to manage various stakeholders, which is as important as the technical piece.
Chambers and Partners, 2023

Awards

  • Rising Star Award, IFLR Asia Pacific Awards for International Firms, 2023
  • Rising Star Award, Global Restructuring Review 40 under 40, 2022
  • Featured in INSOL International’s Young Practitioner Spotlight, 2022

Qualifications

Admissions

Admitted as solicitor, England and Wales, 2010

Academic

LLB (Hons), The London School of Economics and Political Science

Languages

English, Gujarati, Hindi
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.