Restructuring and Recoveries

Finding the workable path through financial distress.

Not every situation needs a formal insolvency process. Restructuring and recovery advisory is about diagnosing the real problem early and choosing the right response, whether that is a consensual deal with creditors, a formal restructuring tool, or a focused recovery strategy. We work with both distressed companies and creditors to find the path that recovers the most value.

Restructuring and Recoveries
OVERVIEW

What does restructuring and recoveries advisory cover?

This is our advisory layer: the work that happens before, around, and sometimes instead of a formal appointment. On the restructuring side, we help a company under pressure understand its position, weigh its options, and structure a way forward. On the recovery side, we help creditors assess what they are owed, what is realistically recoverable, and how to pursue it.

The work can include:

Reviewing a company’s financial position

and the drivers of its distress.

Advising on the realistic options

from informal arrangements to formal processes such as a scheme of arrangement or judicial management.

Negotiating

with creditors.

Structuring

consensual or formal restructurings.

Advising creditors

on recovery strategy and priority.

For smaller companies, Singapore also offers the Simplified Debt Restructuring Programme, a more streamlined route than a full scheme, which we can advise on where it fits.

What this is not: it is not a one-size answer. The value is in matching the response to the situation, including recognising when a formal process such as judicial management, a scheme, or liquidation is the better route, and saying so plainly.

Who is this for?

Directors and companies

under financial pressure who want a clear read on their options before committing to a course of action.

Creditors

who need to understand what is recoverable from a distressed counterparty, and the most effective way to pursue it.

Lawyers and accountants

seeking an experienced restructuring view for a client’s situation.

When should you bring us in?

Earlier is almost always better. The widest range of options is available before a situation becomes critical: while there is still cash, still goodwill with creditors, and still time to negotiate. Once enforcement is underway or solvency has clearly tipped, the choices narrow. If you are not sure whether your situation is serious, that uncertainty is itself a good reason for an early conversation.

How we approach a restructuring or recovery matter?

1. Understand the position

We review the financial picture and the underlying causes, not just the symptoms.

2. Map the options

We set out the realistic routes, consensual and formal, with the trade-offs of each.

3. Recommend a path

We give a clear recommendation, including whether a formal process is warranted.

4. Execute

We carry out the agreed approach, whether that is a negotiation, a restructuring, or the steps into a formal process.

5. Review

We track progress and adjust as circumstances change.

Why DHA+ pac

Good restructuring advice is honest advice. Because DHA+ pac also acts in formal insolvency appointments, we can see clearly where the line falls between a situation that can be worked out and one that needs a formal tool. We have advised in Singapore since 1994, and our Licensed Insolvency Practitioners bring that full-picture judgement to every matter, with no incentive to push a situation towards a process it does not need.

FAQ

No. Much of the most useful work happens while a company is still solvent but heading for trouble. Acting early usually preserves more options and more value.

Yes. We advise distressed companies and we advise creditors on recovery, though not on the same matter where there would be a conflict.

No. The point of advisory work is to find the workable path. Sometimes that is a consensual deal, sometimes a formal process. We recommend what fits.

Legal references: IRDA Part 5A, s.72C (Simplified Debt Restructuring Programme); see also Judicial Management and Scheme of Arrangement for the formal restructuring tools.

Not sure where to start?

If your company is under pressure, or you are a creditor weighing how to recover, an early conversation will clarify the realistic options.

Contact us for a confidential review.

CONTACT US FOR REVIEW

Related Pages

Judicial Management

A rescue process that places a viable but distressed company under an independent manager and a protective moratorium, so it has time to recover.

Scheme of Arrangement

A court-sanctioned compromise that binds creditors to agreed terms, letting a viable company restructure its debts and keep trading.

Litigation Funding

Pursuing valuable insolvency claims without draining the estate, with a third-party funder carrying the cost and risk in exchange for a share of the recovery.

Corporate Restructuring

The routes and tools available in Singapore, from consensual workouts to schemes of arrangement and judicial management, and how to choose between them.