Restructuring/Insolvency: International
Asia-Pacific Guide 2024 : Singapore
Band 3
Email address
[email protected]Contact number
+65 6226 1600About
Provided by Stephenson Harwood LLP
We have a full service restructuring and insolvency team who have significant experience of advising on debt restructuring and refinancing, debt for equity swaps, schemes or arrangement, judicial management, chapter 11 and insolvencies.
We have market-leading expertise in restructuring and insolvency, especially in the transportation and offshore sector, where we have continued to deal with a flow of large restructurings based on transactions documented from the Singapore office as well as third party commercial contracts ranging from the sale of goods to shipbuilding contracts.
Difficult market conditions have also meant that our banking clients have relied upon us for a number of complex work outs, restructuring and enforcements of shipping finance transactions, recognising our long experience in Asia not just in structuring and documenting deals but also dealing with work outs and enforcements. We also work regularly for creditors in funding sales, shipping losses and enforcing rights when insolvency arises in commercial contracts.
Chambers Review
Stephenson Harwood is well regarded in Singapore's legal market for advising on high-value restructuring and insolvency matters, particularly in the shipping and offshore sectors. The firm is involved in both cross-border and domestic matters, especially representing lenders, with the ability to draw on expertise from the firm's global network. The department is well placed to advise on schemes of arrangement and enforcement proceedings. Berge Bulk Shipping, Lion Air and MUFG Bank are examples of clients represented by the firm.
Gregg Johnston is a key contact at the firm.
Work Highlights
- Stephenson Harwood represented Affinity Shipping in relation to its group debt and equity restructuring process.
Strengths
Provided by Chambers
"Stephenson Harwood has experienced lawyers with deep expertise in shipping and maritime law, as well as insolvency and restructuring expertise."
"They are responsive and considerate of customers. They understand what the client's commercial intention is."
"Stephenson Harwood has experienced lawyers with deep expertise in shipping and maritime law, as well as insolvency and restructuring expertise."
"They are responsive and considerate of customers. They understand what the client's commercial intention is."
Members
Provided by Stephenson Harwood LLP
Industries
Provided by Stephenson Harwood LLP
Offshore
Shipping
Transportation