Our team comprises of dedicated insolvency and restructuring lawyers with a wide range of experience in voluntary and contentious restructuring and insolvency matters, including administration workouts in as far back as the period during the Asian financial crisis. Our team’s decades of experience spans a wide range of industries and sectors, including aviation, construction, engineering, hospitality, steel, rail and securities.
We have a deep understanding of how different stakeholders operate by advising and working closely with a whole range of stakeholders, from corporate debtors to commercial lenders/ creditors in various insolvency matters. With notable practitioners and extensive experience in large and complex restructurings and insolvencies, domestic and cross border, we have the expertise and ability to achieve the best results for our clients.
The team’s notable experience includes creditors’ voluntary liquidation of one of the largest paper mills in the region and the former owner of the national carrier, contested receivership of property investment companies owned by an international private equity fund, contested judicial management of entities in the public infrastructure industry, liquidation of a major steel manufacturer in Malaysia and scheme of arrangement for an air transport company.
Learn more about our partners who specialize in this area
Defending KPMG against a claim brought by a Malaysian public listed company, Serba Dinamik for allegations of amongst others, breach of statutory duties and contractual obligations. To-date, this suit is one of the highest valued claims ever seen in the Malaysian Courts.
Representing Malaysia’s national railway owner and operator in respect of a contractual dispute concerning the Klang Valley Double Tracking project. The project is of national interest and involves a value of approximately RM 4.475 billion.
Advising the liquidators of Malaysia Airlines System Berhad (In creditors’ voluntary liquidation) (“MASB”) on the liquidation of MASB and its wholly owned subsidiaries. This is one of the largest Creditors’ Voluntary Liquidation in Malaysia to date in terms of liabilities which came up to approximately RM5.2 billion.
Representing the liquidators of a licensed Asset Management Company in the management, recovery and distribution of trust assets and assets of the Company situated within and outside Malaysia, tracing of assets and enforcing judgement in Singapore, Hong Kong and BVI.
Advising and representing client at the Federal Court to challenge the appointment of the liquidator.
Representing a ”white knight” to acquire and rehabilitate an abandoned housing and commercial development via a scheme of arrangement that was heavily contested up to the Federal Court.
Acting for the liquidator of a rubber products manufacturer to resolve various issues relating to the winding-up of the company’s subsidiaries and branches located around the world namely USA, UK, Germany, France, Spain, Portugal, Japan and Hong Kong.
Representing a developer in defending a misrepresentation / breach of contract suit involving approximately RM23 million brought by 122 purchasers of a condominium project in Cyberjaya.
Representing an independent power producer in respect of a dispute over penalty imposed relating to the power producer’s supply of energy to Tenaga Nasional Berhad, Malaysia’s national electric company.
Acting for a major local O&G service provider and its owner in a shareholders’ dispute involving allegations of fraud, deceit, unjust enrichment and constructive trust.
June 13, 2023
June 13, 2023
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