Singapore Licensed Restructuring Specialists
Led by a former Big-4 partner, our team of licensed insolvency practitioners has spent over three decades executing complex corporate restructuring and recovery solutions. This institutional-grade experience enables us to address distressed situations with a deep understanding of both the immediate short-term survival needs and the long-term commercial objectives of our clients.
Key Indicators for Business Restructuring
Cash Flow and Liquidity
Assist companies to prioritise key expenses to meet operational obligations in times of limited liquidity
Funding Structure
Unlock value of non core assets and stretching/restructuring of payment terms to create liquidity.
Stakeholder Management
Assist management on communications with key stakeholders such as lenders, suppliers and employees when the company is hit with adverse news.
Operational Performance
Optimise the business units performance and enhance internal processes, with a view to preserve cash and limit leakage.
In challenging times, stakeholders require prompt and reliable guidance as well as the available restructuring options . We work closely with management to tailor solutions that preserve the enterprise value and allow the business to pivot and focus on the profitable business units which contributes to the positive cash flow.
Speak with an AdvisorOur Areas of Expertise
Scheme of Arrangement
Developing court-sanctioned compromises between a company and its creditors, providing a legal framework to restructure debts while maintaining operational control.
Judicial Management
Acting as court-appointed Judicial Managers to rehabilitate companies, leveraging statutory moratoriums to shield assets while executing a turnaround plan.
Informal Workout
Facilitating out-of-court debt restructuring by negotiating consensual agreements with creditors. We help companies realign balance sheets, and protect business value without the need for formal insolvency proceedings.
Monitoring Accountant
ClearView conduct business reviews, monitor cash flows, and assess borrower viability to safeguard stakeholder interests and guide critical credit decisions.
A Strategic Approach to Value Preservation
Independent Business Review
Conducting an objective assessment of the company's financial position to understand the root causes of its underperformance and evaluate options.
Crisis Management & Stabilization
Working with management to stabilise the cash flow situation and conduct dialogue with key lender.
Strategy Formulation
Developing a comprehensive rehabilitation/repayment plan and may involve operational restructuring.
Implementation & Monitoring
Working with management and legal counsel to execute the agreed restructuring plan, monitoring the company’s performance to ensure the company meets the agreed milestones.
Frequently Asked Questions
What is the difference between restructuring and liquidation?
Liquidation is a formal process that involves winding up a company, realizing its assets, and declaring a dividend to creditors, ultimately resulting in the company's closure. Conversely, restructuring is designed to rehabilitate a financially distressed company. It allows the business to continue operating while management and advisors negotiate sustainable debt repayment plans or operational restructuring to preserve enterprise value.
Will management lose control of the company during restructuring?
This depends on whether the company is placed under administration. By way of informal debt workouts or scheme of arrangement, the existing management retains control of the company. If the company is placed underjudicial management, the judicial manager will take control and manage the affairs of the company and the directors’ powers ceased.
Can a debt restructuring process stop the creditor’s lawsuits against the company?
Yes. Formal restructuring mechanisms under Singapore's Insolvency, Restructuring and Dissolution Act (IRDA)—such as Judicial Management or a proposed Scheme of Arrangement trigger Court sanctioned stay of proceedings/ moratorium. Such order pauses legal actions and prevents creditors from commencing new legal proceedings against the company (unless leave of Court is obtained), giving the company breathing space to formulate a viable recovery plan.
How long does a debt restructuring process take?
The time required for debt restructuring varies depending on the complexity of the company's debts and the number of stakeholders involved. Informal workout as well as formal, court-sanctioned processes such as scheme of arrangement can take upwards of 6 months to approve, and implement.
Explore Your Strategic Alternatives
Every company's financial situation requires a tailored approach. Speak directly with our turnaround specialist to review the company’s financial position , advise on financial and legal strategies with an objective to structure a viable recovery plan. All consultations are strictly confidential. All consultations are strictly confidential.