This module covers the technical and legal aspects of informal restructuring, i.e., restructuring outside of formal court processes. Participants will learn how to change the composition and/or structure of a distressed debtor company’s assets and liabilities, without the Court’s intervention. The course also reviews both operational restructuring as well as financial restructuring, and how other issues arising from such an exercise need to be managed.
This module is part of the Advanced Certificate in Insolvency and Restructuring.
LEARNING OBJECTIVES
At the end of the module, participants will be able to:
- Understand when is informal restructuring a suitable and viable alternative
- Know the advantages and disadvantages when compared to formal restructuring options
- Understand the practical processes and concerns in an informal restructuring
- Apply the tools and options in informal restructuring
- Know how directors’ duties need to be managed in the twilight zone
WHO SHOULD ATTEND
- Newly qualified accountants and lawyers pursuing R&I practice or mid-career accountants/ lawyers from other specialisations
- Restructuring/ Financial Advisers
- Bank/ Lender work-out groups
PREREQUISITE
Participants should preferably be a degree holder, in any discipline, and have at least one year of working experience.
ASSESSMENT
As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.
Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.
SPEAKERS
Alxander Yeo
Alexander is trained in corporate, commercial, and insolvency disputes, representing local and overseas entities, financial institutions, and insolvency professionals. His expertise spans major insolvencies, restructurings, cryptocurrency, banking disputes, and more. Noteworthy cases include Zipmex Group, Hin Leong Trading, and Hyflux Limited. Recognised by The Legal 500 Asia Pacific, he's praised for his strategic brilliance. Co-author of the Singapore chapter of Cross-Border Insolvency, he's appointed to panels by the Ministry of Law and serves as an adjunct lecturer at Singapore Management University.
Jo Tay
Jo Tay is a Partner with Allen & Gledhill LLP. She specialises in cross-border restructuring and insolvency matters and structured finance transactions, and practises generally in the area of equity and trusts. She works in both the contentious and transactional spheres, and in matters that span multiple jurisdictions. Jo has been reviewed in IFLR1000 as “an excellent lawyer” who is “able to seamlessly provide advice”, and in Chambers as “very strong” technically. She is a Fellow of INSOL International, having obtained Honours in INSOL International’s Global Insolvency Practice Course. She is also a member of the International Insolvency Institute’s NextGen Leadership Programme, a Board Member of the International Women's Insolvency & Restructuring Confederation (Singapore Network), and a member of the Turnaround Management Association of Singapore.
Jo graduated with an LLM (First Class) from the University of Cambridge with a specialisation in commercial law, and was awarded the Foundation Scholarship by Queens’ College, Cambridge. Before that, she graduated from the Singapore Management University with the Kwa Geok Choo Top Law Student Award, having read a double degree programme in Law (LL.B.) and Business Management (BBM, Finance) under the auspices of the Lee Kong Chian Scholars’ Programme.
Matt Becker
Matt is the Deloitte Asia Pacific Restructuring Leader. He advises businesses, financiers and governments navigating complex strategic and financial challenges, drawing on his deep expertise in credit, restructuring and M&A. Matt is a qualified Chartered Accountant, Lawyer and Liquidator, and he serves on the Global Board of the Turnaround Management Association.
FEES AND FUNDING
