Contact Details
T: + 66 2 264 8000
F: + 66 2 657 2222
Email:  |
Natthida Pranutnorapal possesses extensive experience in
business reorganization, insolvency, debt restructuring, and rehabilitation proceedings, as well as
out-of-court turnarounds and litigation. She represents both domestic and international clients
across a diverse range of industries, including real estate, steel, energy, food and beverage,
hotels, agriculture, and the import-export sectors. Natthida is also a noted author of several
publications on restructuring and insolvency in Thailand. Recent Experience Representation of Thai AirAsia X, the low fare long haul carrier, through its
successful rehabilitation process. In August 2023, the Central Bankruptcy Court issued an order for
approval of the USD 1.7 billion (approximately THB 62 billion) business rehabilitation plan to
revamp the company’s administration process and restructure its debts, delivering greater
efficiencies and a solid platform for future growth. Representation of Pace Development Public Company Limited, and its affiliates in
Thailand, as well as Siam Commercial Bank Public Company
Limited, in relation to the rehabilitation of Pace Development in Thailand and reorganization
of its assets and businesses, namely, Dean & DeLuca Group, in the United States under Chapter 11
of the US Bankruptcy Code, with a total amount of claims involved in the rehabilitation exceeding
THB 30 billion. 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 the major creditors of Sahaviriya
Steel Industries Public Company Limited, Southeast Asia’s largest flat-steel manufacturing
complex, comprising Siam Commercial Bank Public Company Limited, Krung Thai Bank Public Company
Limited, and TISCO Bank Public Company Limited as well as SSI TH in the THB 60 billion
rehabilitation. Representation of the major creditors of Sahaviriya Steel Industries UK Limited, comprising Sahaviriya
Steel Industries 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 United Kingdom, as well as accumulation, sales, and
distribution of proceeds of the assets to the creditors, with an approximate total amount of claims
of THB 30 billion. Representation of Sahaviriya Plate Mill Public Company Limited in its THB 6 billion business
reorganization. Representation of EY
Corporate Advisory Service Company Limited (EY), as
the plan preparer and plan administration in the USD 1 billion restructuring and rehabilitation 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.The business rehabilitation plan was approved on 20 August
2015. Restructuring Deal of the Year, Asia Business Law Journal,
2016 Representation of Ladprao Plaza (and the Imperial
Lad Prao Mall) in the filing of a petition with the Bankruptcy Court and implementation of the THB 1
billion business reorganization plan. Representation of Nakornthai Strip Mill Public Company Limited in its amendment of a
business reorganization plan under the Bankruptcy Act. Representation of
Marine Group (consisting of three companies) in its debt restructuring under the
Bankruptcy Act. Representation of Burapa Steel Industries Company
Limited in its capital restructuring and business reorganization plan. Representation of Advance Research Group Company Limited in an
appeal of the results of the Provincial Electricity Authority electronic auction. Representation of CMIC Development Company Limited in its THB 3,150
million debt restructuring under the business reorganization process of the Bankruptcy Act. Representation of Thai Denmark Swine Breeder Public Company Limited
in its debt restructuring of THB 885 million under the business reorganization process of the
Bankruptcy Act. Representation of Kiatnakin Bank Public Company
Limited, the creditor of Thai Central Steel Public Company Limited, in its objection to the
business reorganization plan under the business reorganization process of the Bankruptcy Act. Representation of Bangkok Steel Industry Public Company Limited in
its THB 59,091 million debt restructuring of under the business reorganization process of the
Bankruptcy Act. Representation of Nok Airlines Company
Limited in its corporate and commercial transactions. Representation
of Utility Business Alliance Company Limited in its capital restructuring and
implementation of the business reorganization plan. Representation of
PTK Metal Company Limited in its THB 5,882 million debt restructuring under the
business reorganization process of the Bankruptcy Act. Publications ‘Thailand’, Restructuring &
Insolvency - Getting the Deal Through, Law Business Research, 2012-2023 ‘Thailand’, The Insolvency Review, The Law Reviews, 2016-2018 |
EducationLL.M., International Business Law, The University of Essex, UK, 2014
LL.M., Ramkhamhaeng University, 2005
LL.B., Thammasat University, 2001
Certificate - Rights of Creditors and Debtors: Problems, Obstacles and Strategies for Reorganization Plan Administration, Central Bankruptcy Court, 2005 Bar AdmissionsThai Bar Association, admitted 2002 CitizenshipThai LanguagesThai, English Recent AccoladesThailand’s Top 100 Lawyers, Asia Business Law Journal, 2024
Band 1 - Restructuring & Insolvency, Chambers and Partners Asia-Pacific, 2023-2025
Distinguished Practitioner – Restructuring & Insolvency, Asialaw, 2024
Highly Regarded - Restructuring & Insolvency, IFLR1000, 2021-2024
Next Generation Partner - Restructuring & Insolvency, The Legal 500, 2022-2025
Future Star – Insolvency, Benchmark Litigation, 2023-2024
Women Leaders Award, IFLR1000, 2021-2024 |
