Knowledge Highlights 21 November 2024
Restructuring & Insolvency
Challenges of restructuring and insolvency
With the ebb and flow of economic activity and growth, business casualties necessarily result and the challenges faced include containing fallout and preserving value in the circumstances. In Singapore, the laws on debt restructuring and insolvency have been reviewed and enhanced with a focus on increasing efficacious action and reducing the complexities of insolvency especially where multiple jurisdictions are involved. In an era where regional or global businesses are commonplace, restructuring and insolvency work has grown in complexity and scale, often involving intricate cross-border issues.
Strength in experience
Our specialist Restructuring & Insolvency Practice based in Singapore is at the nexus of some of the world’s most complex cross-border insolvencies and restructurings. With a long history of specialising in large-scale multi-jurisdictional work, our team is highly regarded and widely recognised as one of the leading practices in this area, covering both contentious and non-contentious matters.
With our knowledge and experience of local, regional and international challenges, both legal and practical, we are able to assist our clients achieve the most desirable outcomes in difficult circumstances. We act and advise in all aspects of business rescue, insolvency and restructuring, and where required, are able to draw on our extensive network of legal specialists to cover the many areas of law that may arise, to ensure that our clients' interests are protected and expectations met.
Commitment to meet needs and objectives
We are committed to meeting our clients' needs and objectives, and have been privileged to work with a distinguished list of organisations. Our clients include institutional lenders, financial institutions, borrowers and insolvency professionals, such as judicial managers, scheme managers and liquidators.