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Corporate Restructuring
introduction
Companies periodically assess and deliberate ways to improve their financial results, and one way of achieving this may be through a successful corporate restructuring exercise, undertaken pursuant to the applicable laws.
A corporate restructuring exercise may involve the acquisition, disposal, consolidation or amalgamation of assets or shares. Other reasons that may compel a company to restructure may be to prepare the company for a sale, merger or management buyout. In almost all cases, legal and financial reasons will dictate the approach and outcome.
By leveraging on our corporate and insolvency law practices within the firm, we aim to help clients achieve their restructuring objectives by offering strategic advance planning, assessing the possible business outcomes and legal restrictions, and managing the interests of the stakeholders involved, namely the shareholders, creditors, customers, and employees.
Our work includes:
- Restructuring and hiving-off of businesses for strategic reasons
- Advising clients on employment-related issue
- Redomiciliation of overseas companies to Singapore
- Restructuring companies ahead of IPO
- Use of schemes of arrangement and other court processes
- Debt restructurings
- Capital reductions to allow return of value to shareholders or to create distributable reserves
- Acting for companies in financial difficulties and advising their directors
- Privatisations of listed companies
The team works closely with other advisers (and, where relevant, our colleagues who handle court processes) to develop innovative ideas and practical solutions for our clients.
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Equity Partner
Ken Chia
Ken heads the Corporate Advisory Practice Group in CNP and brings an international perspective to his Corporate and M&A practice. A graduate of the the University of Exeter in the UK, he gained valuable experience in business development roles with various subsidiaries of the Hang Lung Group (SEHK: 10) in Shanghai, China and with the Informa plc (LSE: INF) in Singapore.
His extensive commercial background means he can speak to his clients in a language they understand and provide them with the comfort their lawyer comprehends the intricacies and nuances of business.
Ken is passionate about the role of major law firms, like ours, in contributing to the community. On a personal level, he has dedicated time to providing pro bono advice to Parkinson Society Singapore on general corporate advisory matters
Equity Partner
Subramanian Pillai
Subra’s practice has been primarily in the field of commercial litigation and arbitration. He heads the firm’s International Arbitration and Construction, Engineering and Infrastructure teams.
He has had an active commercial litigation practice for the last 32 years, he regularly advises and represents publicly listed companies, multi-national corporations and high net worth individuals in a variety of corporate and commercial disputes in the High Court and the Court of Appeal in Singapore.
As an accredited Arbitrator and experienced Arbitration Counsel, he has also advised and represented clients in several international arbitrations such as clients from the Middle East, India, Thailand, Malaysia and Indonesia.
Managing Partner, Equity Partner, Management Committee
Lisa Theng
As a managing partner, Lisa sees a need to ensure that our clients see us as their business partner and not as just a legal service provider. Our aim is to provide innovative legal solutions for our clients across Asia with a high level of service and support that will help our clients better manage and succeed in their own businesses.
Lisa believes it is important that our lawyers understand the sectors in which they work. She has been involved with healthcare, oil and gas, manufacturing, engineering, distribution, trading, exhibition, publishing, food and beverage and leisure and entertainment companies on a range of issues. She also regularly works with private equity and venture capital companies and funds.
She was one of two representatives for Asia on the board of directors (2016 to 2021) and was Chair Asia Pacific Region (2018 to 2021) in Interlaw, an international association of independent law firms found in 150 cities worldwide. She has been an independent director of companies listed in Singapore, Hong Kong and Nasdaq as well as private companies such as Sunseap Group Pte Ltd and Eagle Eye Centre Pte Ltd. She is a current independent director of Swan & Maclaren Group Pte. Ltd.
Equity Partner
Bill Jamieson
Bill is an English lawyer who is also registered to practise Singapore law in the areas of corporate law, banking and finance and securities laws. His experience includes 10 years in the City of London and over 30 years in Asia, based in Singapore. Before joining CNP, Bill was a partner in a well-known international law firm. He has worked for clients from all over the world on M&A, capital markets, investment fund, private equity, project finance, leveraged buy-out and restructuring transactions. His focus is on assisting clients access Asian markets and investment flows through Singapore. He also advises on financial services regulatory and employment issues.
He is a leading individual for Corporate and M&A as well as recommended lawyer for Banking and Finance and Labor and Employment in Legal 500 Asia Pacific 2023. He is also a highly regarded lawyer for Investment Funds in IFLR1000 33rd Edition, Chambers Asia Pacific 2023, and Asialaw Distinguished Practitioner 2023.
Bill is one of the firm’s contacts for Interlaw, a network of independent full-service corporate law firms ranked by Chambers & Partners in its highest category, “Elite” amongst all global law firm networks.
Partner
Quek Li Fei
In addition to Li Fei’s experience in acting for banks on varied transactions and in general corporate law, he also provided estate planning and succession planning advice to individuals, including the legal aspects of wealth management, setting up trusts and off-shore structures. He also advises on charities and other structures in philanthropy, including setting up charities and companies limited by guarantee.
His cross-border work on various transactions, loans, infrastructure, debt and equity issues have involved lenders, borrowers and corporates in many jurisdictions including Indochina, the PRC, Korea, ASEAN, the Bahamas, Panama and the United Kingdom. He enjoys providing clients with clear thinking on matters that are often highly complex.
He is also actively involved in advising on legal aspects of distributed ledger technology/blockchain, cryptocurrency; ICOs (initial coin offerings), including legal and regulatory compliance.
Li Fei heads the firm’s Banking and Finance as well as Private Clients teams.
Equity Partner
Tan Min-Li
Min-Li’s principal areas of expertise are in corporate and financial services with particular emphasis on corporate finance, securities and capital markets and private and public mergers and acquisitions throughout Asia. She derives satisfaction from structuring practical legal solutions that take into account the commercial aspirations of clients and their risk profiless, be it helping a client to extract value from his business through a sale or a listing or working on strategies to scale and expand, bringing the business to the next level. Her clients include private companies, from start-ups to established companies and companies listed on the SGX and other international exchanges, funds and financial institutions. She also regularly advises on corporate governance and listing rules for companies listed on the SGX (Mainboard and Catalist).
Min-Li firmly believes in being a valued partner to her clients, as opposed to merely a service provider.
She heads the firm’s Corporate Finance team.
Partner
Jimmy Yap
Since admitted to the Singapore bar in 1991, Jimmy had held the appointment of a Magistrate Judge and Deputy Registrar of the State Courts. As a Magistrate Judge, he had presided as well as mediated over a wide spectrum of civil and commercial disputes.
His main areas of practice for non-contentious work are corporate and commercial transactions including sale & acquisition, due diligence, joint ventures, restructuring, franchising & licensing, employment and others. In addition, he also focuses on Indonesia related matters such as market entry, setting up a PMA or representative office, acquisition and joint venture with local partners.
For contentious matters, his primary focus is on building and construction claims especially under the Security of Payment Act, and International Arbitration. He has been an accredited Adjudicator appointed by the Singapore Mediation Centre to adjudicate claims between parties since 2006. Currently, he is also on the reserve panel of arbitrators with Singapore International Arbitration Centre (SIAC). In addition, he is also on the panel of Neutral under the Law Society Neutral Evaluation and Determination Scheme (LSNEDS).
Partner
Kenn Lim
Kenn’s practice covers a wide range of corporate and commercial transactions such as mergers and acquisitions, joint ventures, foreign investments and private equity transactions.
Fluent in both English and Mandarin, Kenn regularly acts for companies in a spectrum of industries in various domestic and cross-border corporate transactions.
Kenn graduated from the Australian National University with an LLB (Hons) and a Bachelor of Commerce (Finance Major). He was called to the Singapore Bar in 2014.
Partner
John Mark Chen
John Mark is a corporate mergers and acquisitions lawyer who specialises in competition law.
With more than 18 years PQE from Singapore and the United Kingdom, John Mark’s expertise encompasses a wide variety of corporate and commercial matters including mergers and acquisitions, joint ventures, private equity funds, commercial agreements, employment, and regulatory matters. His clients comprise from a diverse range of industries such as F&B, telecommunications, card payments, electronics, aviation, financial services, hospitality, raw materials, maritime, pharmaceuticals, freight forwarding, etc.
John Mark also regularly handles matters such as cartel investigations, abuse of dominance investigations, dawn-raid management, leniency applications, antitrust and merger control notifications. He has previously acted in landmark cases in Singapore such as SISTIC, Ferry Operators, Chicken Distributors, Freight Forwarders and Heineken/Asia Pacific Breweries.
John Mark is recognized as a “Leading Competition and Anti-Trust Lawyer”, and “Expert in Competition Law” by various journals including Asialaw. He has been featured as one of Singapore’s influential young lawyers in the third edition of Singapore Business Review’s “Top Singapore lawyers aged 40 and Under” in 2016 and one of “Singapore’s most influential young individuals who “exhibited job excellence and strong dedication” in Singapore Business Review’s inaugural “Class of 40 and under” in 2014. He has been described by clients as “intelligent”, “focused”, “technically excellent”, “a safe pair of hands” and “able to get it (the issue) very quickly”.
Partner
Wong Pei-Ling
Pei-Ling was formerly the Head of Legal and Compliance of a Malaysian main board listed company, which provided business outsourcing services to multinational clients across Asia, the United States and Europe. Prior to joining CNP Law, she served as legal counsel in a government asset holding company for public healthcare institutions, advising the institutions on their commercial and technology contracts.
Pei-Ling has over 23 years of experience in corporate and cross-border transactions, and has advised on investments, joint-ventures and commercial transactions in Singapore and Malaysia. Over the years, she has also developed a practice in the areas of data protection, technology and employment. Pei-Ling is qualified to practise law in Singapore and Malaysia, and was admitted to the English Bar in 1996.
Associate
Daniel Ng
Daniel is an associate in the Funds Practice Group. He graduated from the Singapore Management University in 2022 and was called to the Singapore Bar in 2023. His main areas of practice include funds, banking and finance, and general corporate advisory work. His broad areas of practice allow him to assist you in multiple aspects of your transactions.
Prior to joining the firm, Daniel trained at a leading law firm in Singapore.
Associate
Geraldine Zhang
Geraldine is an associate in the Corporate Advisory Practice Group. Her main areas of practice include general corporate advisory, restructuring and mergers and acquisitions. She has been involved in preparing and negotiating commercial agreements and general corporate contracts.
Apart from general corporate matters, she has experience in the energy sector including negotiating terms and crafting comprehensive term sheets pertaining to the supply of renewable energy.
Senior Associate
Jasmine Teo
Jasmine is a general corporate lawyer with a focus on employment and data protection law, and has demonstrated experience in corporate commercial matters and mergers and acquisitions. Jasmine’s experience in these areas allows for a comprehensive understanding of clients’ needs and the ability to provide clear, effective legal guidance. Jasmine strives to bring a practical and thorough approach to legal challenges.
In the area of employment law, Jasmine has advised clients on a range of issues, from drafting and negotiating employment contracts to handling workplace disputes and ensuring regulatory compliance.
Jasmine graduated in 2022 with an LLM from the Singapore Management University (Dean’s List), and in 2011 with an LLB (Hon) from the National University of Singapore.
Associate
Keagen Lock
Keagen is an associate in the Corporate Practice Group. He graduated from the National University of Singapore in 2022 and was called to the Singapore Bar in 2023. His main areas of practice include commercial contracts, corporate restructuring, construction, and general litigation.
In particular, he has experience advising companies on a wide range of corporate matters, including the conduct of legal due diligence and reviewing and drafting various types of contracts (e.g. non-disclosure agreement, collaboration agreement, sale and purchase agreement, construction contracts).
As regards dispute resolution, he has represented construction firms in legal proceedings under the Building & Construction Industry Security of Payment Act (Singapore).
Associate
Nicole Leong
Nicole is an associate in the Corporate Finance Practice Group. She advises clients including multinational companies, listed issuers, sponsors and investors in complex mergers and acquisitions, capital markets and corporate and commercial cross-border transactions.
Nicole graduated from the Singapore Management University in 2020 and was called to the Singapore Bar in 2021. She is fluent in English and Chinese.