Insolvency and debt restructuring

Advising debtors and creditors in relation to insolvency or restructuring of corporate debt. Drafting standstill agreements, negotiating between the parties and drafting voluntary restructuring agreements. Issuing proceedings for restructuring under the Bankruptcy Act, on behalf of the debtor or creditors. Representing the debtor, the creditors’ committee or individual creditors in such proceedings. Filing proof of debt. Drafting any transactional agreements required for debt restructuring, including: share subscription or share transfer agreements, documents relating to bond issue, asset transfer agreements, new loan or credit agreements and security agreements. Advising on the rights and duties of the planner, the plan administrator and the Official Receiver.