Piroon is a Partner in the General Corporate Commercial Practice of R&T Asia (Thailand) Limited. Piroon is a licensed Thai lawyer.
Piroon Saengpakdee focuses his practice on project development and finance, including banking and finance, debt restructuring and insolvency, as well as employment law matters.
Prior to joining Rajah & Tann, Piroon spent more than twenty five years in international law firms in Thailand. He has represented both major Thai banks and foreign lenders in transactions involving a wide range of industries in Thailand, Lao PDR and Myanmar: energy and resources, infrastructure, manufacturing, as well as telecommunications and technology companies. Piroon has substantial expertise in debt restructuring and insolvency proceedings, having advised creditors and debtors in restructurings involving companies in industries sectors such as telecommunications, infrastructure and real estate. Prior to commencing his private law firm legal career, Piroon spent time with the Council of the State and the Department of Labour Protection.
Banking & Finance
- Advised a major Thai bank on:
- THB 20,000 million financing of an auto leasing public company;
- THB 16,000 million financing communication services company;
- THB 13,750 million financing of a major shipping company;
- THB 12,500 million financing of a petroleum company;
- THB 7,500 million financing of a joint venture company undertaking a coal mining project in Amphor Mae Moh, Lampang Province;
- THB 6,400 million financing of a sugar company;
- THB 5,000 million financing of a petroleum company;
- THB 5,000 million financing of a multinational group of chemical companies;
- THB 3,000 million financing of subsidiaries of a Thai conglomerate in China;
- THB 3,000 million financing of a Thai manufacturing company;
- THB 2,200 million financing of a major Thai conglomerate;
- THB 4,700 million financing of a group of hotels and resorts in Bangkok, Hua Hin, Cha-Am, Koh Samui and Phuket areas;
- THB 2,700 million financing of an outlet mall in Bangkok.
- THB 1,620 million financing of a shopping mall project in Bangkok;
- THB 1,500 million financing of a 5-star hotel project in Bangkok;
- THB 1,320 million financing of a hotel and shopping mall project in Bangkok;
- THB 1,000 million financing of a hotel business in Chachoengsao Province;
- including various financings of a payphone project in Thailand, a flight services provider, an air ground handling company, a hospital group, an automotive assembly plant, an energy company, and a brick and tile manufacturer.
- Advised a government bank on financing of various business ventures associated with real estate, hospital and services.
- Advised the lead arrangers on the provision of finance to a major mobile telecommunications company in Thailand.
- Advised a Thai Bank, the lead arranger on the THB 7 billion financing of a telecommunications company.
- Advised a Thai bank on the provision of finance to a green power project.
- Advised a Thai bank on the provision of finance to a subsidiary of a major Thai conglomerate in China.
- Advised lenders on the provision of finance to a Thai petroleum pipeline company.
- Advised lenders on the provision of finance to a seafood storage company.
- Advised lenders on the provision of finance to a group of hotels and resorts.
- Advised lenders on the provision of finance to an alcoholic beverages company.
- Advised lenders on the provision of finance to an international terminal operator.
- Advised a listed tollway operator on its financing and bond issuance.
- Advised a solar energy company on its financing.
- Advised a Thai steel company on its financing.
- Advised a Thai bank on the debt restructuring of a major Thai public listed company.
- Advised a foreign creditor and a group of Thai banks on the restructuring of a Thai public listed manufacturer.
Banking & Finance and Corporate/M&A in Lao PDR
- Advised a commercial bank in Lao on their financing of a casino project.
- Advised a Thai bank on their financing of a duty free shop project.
- Advised a Thai bank on their financing of an import-export company.
- Advised Thai banks on their financing of a major Thai conglomerate.
- Advised Thai bank on their financing of a car distribution company.
- Advised a Thai bank on their financing of an auto leasing company.
- Advised a Thai bank on their financing of a logistics company.
- Advised a Thai bank on their financing of a packaging and bottling business.
- Advised a project owner regarding a special commercial and economic zone.
- Advised a major Thai conglomerate on their agricultural business.
- Advised an electricity-transformer manufacturer (a listed company in Thailand) regarding their investment.
- Advised Thai banks on preparing their standard forms of banking and commercial transaction.
- Advised a Thai bank (Vientiane Branch) regarding a land and building lease agreement.
Banking & Finance and Corporate/M&A in Myanmar
- Advised a Thai bank on their pre-financing of a submarine cable business in Myanmar, Thailand, Malaysia and Singapore.
- Advised Thai banks on their financing of a major Thai conglomerate in doing their agricultural business in Myanmar.
- Advised a listed company in Thailand regarding their biomass power project in Myanmar.
Debt Restructuring & Insolvency
- Advised creditors on a loan restructuring agreement in respect of a Thai listed telecommunications operator.
- Advised creditors on a loan restructuring agreement in respect of a transportation company.
- Advised creditors on a loan restructuring agreement for a real estate developer.
- Advised creditors and the committee for the amendment to the business reorganization plan of a real estate developer.
- Advised on the business reorganizations of various companies, such as Narong Seafood Company Limited; PAE (Thailand) PCL; Sand & Soil Company Limited and three of its subsidiaries; Sino-Thai Engineering & Construction PCL; STA Group PCL; Thai Petrochemical Industry PCL; Inter Far East Engineering PCL and Unicord PCL.
- Advised International Bank for Reconstruction and Development (World Bank) and International Finance Corporation on commercial agreements.
- Advised a Thai real estate company in acquiring a property in Pattaya for a hotel development.
- Advised a Thai real estate company in selling one of their hotels in central of Bangkok area.
- Advised a Thai company in acquiring a hotel in central Bangkok area.
- Advise a Thai company in selling a hotel in Phuket Province.
- Advised a Thai company in acquiring a plot of lands to construct a condominium in Chao Praya river area.
- Advised a Thai company in acquiring factories in Pathumthani Province and Khon Kaen Province.
- Advised a Thai company in verifying zoning of the purchased land according to the latest City Plan Act.
- Advised clients in conducting land search, land zoning and legal due diligence prior to acquisition.
- Advised various multinationals and Thai conglomerates on employment law issues in Thailand, including employment contract, termination of employment, disputes and the preparation of work rules.
- Member of Thai Bar Association