Services

Corporate reorganisations, debt-restructurings, informal workouts and formal insolvency procedures are increasingly adopted by businesses and creditors today. They recognise that there are more options to deal with a financially distressed business than simply winding it up. These alternative solutions often provide mutual benefits to all parties involved.

Financial difficulty, often the beginning of business failure, does not occur only during a recession. Even when the economy is performing well, financial crises can arise due to factors such as fraud, mismanagement, increased competition and product obsolescence.

During such financially trying times, parties including creditors, lawyers, credit executives, financial institutions and businesses may turn to us to undertake formal appointments or turnaround services.

Liquidators / Provisional Liquidators	Whether it involves a company intending to wind down its business in an orderly manner, or a creditor seeking to protect their interests, we are equipped to act as liquidators in both compulsory and voluntary winding-up proceedings.
Judicial Managers / Interim Judicial Managers	Judicial management is a corporate rescue regime that provides financially distressed companies an opportunity to rehabilitate, offering temporary protection from legal proceedings by third parties. As independent professionals, we can act as the Judicial Managers / Interim Judicial Managers to manage the company’s affairs, business and property, and lead the company through a restructuring process.
Receivers / Receivers & Managers	Where a loan is secured by a debenture and the lender wishes to protect their security position and interests, we can be appointed as receivers or receivers and managers. We may also be appointed by the court, where it is deemed that such an appointment is in the interest of justice.
Scheme Managers / Administrators	A debtor under pressure from creditors may seek a compromise or arrangement through a Schemes of Arrangement under Section 64 of the Insolvency, Restructuring and Dissolution Act, 2018. We assist debtor companies in drawing up a restructuring proposal to be presented to creditors for approval. Once the Scheme of Arrangement is approved, we can also support the implementation of the plan.
Receivers of Income	These appointments are made by mortgagees pursuant to Section 24 of the Conveyancing and Law of Property Act (Cap 61). As receivers of income, we collect rental income from mortgaged properties for the benefit of the mortgagee.
Agents for Mortgagee-in-Possession	Where a mortgagee takes possession of a mortgaged property, we may be appointed as agents for the mortgagee-in-possession to manage the property on their behalf.