Business Bankruptcy and Insolvency Lawyers in Singapore

In difficult situations, seek professional help

Insolvency is rarely an area of expertise for many business owners or chief executives. When faced with the prospect of insolvency, our efficient and highly competent bankruptcy team will advise and guide you through the process of negotiating with creditors and restructuring the company. Knowledge of your legal position will enable you to make informed decisions going forward. Where necessary we involve other fellow professionals such as accountants or engineers.

Speak to our team of professionals to plan and discuss how the company can be kept afloat. You may be surprised at the range of options that are available. All discussions with a law firm are not only confidential, but subject to legal professional privilege, meaning that they cannot be disclosed even in a Court of law. It is advised that companies seek legal advice at the earliest sign of trouble, as this actually helps to keep overall costs down.

Examples of the areas we regularly advise on are:

1. Dealing with pending law suits and demands for payment (E.g. where the company has been receiving letters of demand, writ of summonses, etc.)
2. Crisis management and security of assets (E.g. where the company is facing enforcement proceedings or cash flow crises)
3. Management of the timeline for winding up proceedings
4. Schemes of arrangement
5. Liquidation
6. Judicial management
7. Receivership
8. Voluntary arrangements