Our Areas Of Practice

We advise on corporate restructuring and corporate rescue exercises wherein we have acted for the distress companies in question (both public and private), white knights, major shareholders and creditors/lenders. These restructuring exercises may involve a restructuring or redeployment of resources, the establishment of new subsidiaries and the transfer of businesses within the group or an amalgamation of different companies and business interests.

We also advise borrowers and lenders on the restructuring and re-scheduling of debts. These debt restructurings or work-outs may be voluntary or carried out under a court order pursuant to Section 366 of the Companies Act, 2016 (previously Section 176 of the Companies Act, 1965), which provides for a court sanctioned scheme of arrangement, amalgamation and reconstruction.

We also work with receivers and managers appointed to manage companies in financial difficulties where we assist in, amongst others, the security enforcement and assets disposal process.