Restructuring & Insolvency

Our conflict free status means we are able to act for all key stakeholders in distressed situations, including debtors, creditors, directors/key employees and insolvency practitioners. Our lawyers are comfortable handling both non-contentious and contentious aspects of a restructuring and insolvency brief.

We have recently advised and acted for:

• The applicant in the first successful rescue financing court application in Singapore involving a “roll-up” of a bank lender’s pre-existing debt.
• A major bank creditor of companies within the Hin Leong group in relation to contentious insolvency proceedings in the Singapore courts.
• The Singapore branch of a major European infrastructure group in obtaining Singapore court recognition of an Italian court supervised rehabilitation process involving debts in excess of €1 billion.
• The chief executive of one of the largest container lines in Southeast Asia in relation to a Singapore court-supervised restructuring of its debts.
• Judicial managers of a venture fund approved under the Singapore Government’s Global Investor Programme in securing a pre-packaged scheme of arrangement with creditors.
• One of the largest vertically integrated textile manufacturers in Southeast Asia in connection with its US$1.8 billion debt restructuring in Indonesia, Singapore and New York.