— Insolvency & Corporate Restructuring —

Measured Counsel When the Path Forward Demands Clarity

wayangcounseles advises companies, creditors and directors navigating the complex terrain of insolvency and corporate restructuring under Singapore law. We approach each engagement with deliberate care and a steady hand.

SIAC Registered
Singapore Bar
PDPA Compliant
Corporate legal advisory in Singapore
01 — Our Services

Three Core Areas of Practice

Each engagement is handled with the attention it warrants — no matter the complexity or the stage of the process.

Corporate Restructuring Advisory
SGD 1,500

Corporate Restructuring Advisory

Strategic counsel for companies in financial difficulty. We cover assessment of financial position, available restructuring tools under the Companies Act and judicial management, and negotiation frameworks with creditors.

  • Schemes of arrangement and judicial management
  • Creditor negotiation and stakeholder coordination
  • Going-concern preservation strategies
Discuss Your Situation
Creditor Rights and Recovery
SGD 480

Creditor Rights & Recovery Advisory

Guidance for creditors seeking to protect and recover amounts owed by financially distressed companies. We advise on proof of debt, creditors' meetings, and security enforcement.

  • Proof of debt preparation and creditors' meeting participation
  • Review of proposed schemes and distributions
  • Security enforcement and priority assessment
Protect Your Position
Director Duties in Financial Distress
SGD 380

Director's Duties in Financial Distress

Confidential advisory for directors aware that their company may be approaching or has reached a state of insolvency. We help you understand obligations, document decisions and mitigate personal exposure.

  • Heightened duties in the zone of insolvency
  • Personal liability considerations and insolvent trading
  • Decision documentation and risk mitigation
Seek Confidential Advice
02 — Take the Next Step

Facing a Difficult Decision? We Can Help You Think It Through.

Insolvency and restructuring situations rarely improve with delay. Whether you represent a company under strain, a creditor with an exposed position, or you are a director with questions about your obligations, speaking with counsel early gives you more options — not fewer.

Confidential initial discussions
Clear advice on your legal position
Practical next steps without unnecessary complexity

Reach Us Directly

Our team is available during office hours. Matters requiring urgent attention can be flagged when you write to us.

20 Collyer Quay, #23-01, Singapore 049319
Contact Our Team
03 — Frequently Asked Questions

Common Questions About Our Services

What is the difference between judicial management and a scheme of arrangement?
Judicial management places an independent judicial manager in control of a company to pursue a rescue objective, providing a moratorium against creditor action. A scheme of arrangement, by contrast, allows the company to propose a compromise or arrangement with creditors or members — subject to court sanction — while management typically remains in place. The suitable approach depends on the company's circumstances, the nature of its liabilities, and the level of creditor confidence in existing management.
At what point should a director seek legal advice about insolvency?
A director should seek advice as soon as there are reasonable grounds to suspect that the company may be unable to meet its debts as and when they fall due. This is well before formal insolvency proceedings are commenced. Early engagement allows directors to make documented, informed decisions — which is relevant to assessments of whether their conduct may later attract personal liability. Waiting until the position is clearly irretrievable limits the options available and may affect how a court views the director's conduct.
How long does a corporate restructuring process typically take in Singapore?
Timeframes vary considerably depending on the complexity of the company's liabilities, the number of creditor classes involved, and whether the matter proceeds through the courts. A straightforward creditor workout may be concluded within weeks. A scheme of arrangement requiring court approval and creditor meetings typically takes several months. Judicial management, if a rescue objective is achievable, may extend over twelve months or more. We will give you a realistic indication of timing based on the specific circumstances of your matter.
Can a creditor still enforce its security during restructuring proceedings?
The answer depends on the type of proceeding. A moratorium granted under a scheme application or judicial management will generally stay enforcement action by creditors, including secured creditors in certain circumstances. However, the court has the discretion to lift a moratorium in appropriate cases. Secured creditors should take advice early on the strength of their security, the likely impact of a moratorium on their position, and the relative merits of supporting or opposing a restructuring proposal.
What are the fees for an initial consultation?
We offer an initial consultation to discuss your situation and assess how we may be of assistance. Please contact us to arrange a time. Our service fees for specific engagements are set out on the Solutions page. All fees quoted are in Singapore Dollars and are exclusive of disbursements and applicable taxes.
How is my privacy protected during a sensitive matter?
All communications with wayangcounseles are subject to legal professional privilege and our obligations under the Personal Data Protection Act 2012. Matters shared with us in the course of seeking legal advice will not be disclosed without your authorisation. We handle all client information with strict discretion and in accordance with our professional obligations as Singapore-registered legal practitioners.
04 — Find Us

Our Office

20 Collyer Quay, #23-01, Singapore 049319

05 — Contact

Speak With Our Team

Use the form below or contact us directly. All enquiries are handled with discretion.

Contact Details

TELEPHONE

+65 6593 8274

ADDRESS

20 Collyer Quay, #23-01
Singapore 049319

OFFICE HOURS

Monday – Friday 09:00 – 18:00
Saturday 10:00 – 13:00
Sunday & Public Holidays Closed

All matters are handled in strict confidence in accordance with legal professional privilege and the PDPA 2012.

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