Client update – December 2020 – 3 years on …….

“Don’t judge each day by the harvest you reap, but by the seeds that you plant”
-- Robert Louis Stevenson

What a year!

The COVID-19 pandemic continues to bring enormous challenges as we adapt to a new normal. Some countries have performed well with quick intervention and financial support to limit the number of infections and damage to the economy. Other countries face the challenges of dealing with second and third waves of COVID-19 infections. With countries at different ends of the COVID-19 response spectrum, we wait for the broader release of the various vaccines being developed and look forward to returning to the events we have sorely missed, such as face-to-face events and global travel in 2021.

We turned 3 years old (click here for our 1-year update and 2-year update). It has been an amazing journey from idea, to start up, to where we are now. There have been many late nights and many ups and downs as we built up our brand and credentials.

We built up our credentials, starting with smaller engagements to medium size and now bigger, more complex and higher profile engagements (click here to see our credentials). We have been involved in several ground-breaking “firsts” in the Singapore market. We were involved in the first three (and to date only three) successful super priority rescue financings in Singapore under Section 211E of the Companies Act (now Section 67 of the Insolvency, Restructuring and Dissolution Act), first interim management appointment for a company undergoing a Court supervised restructuring process under Section 211B of the Companies Act (now Section 64 of the Insolvency, Restructuring and Dissolution Act) and first major tech sector distressed M&A transaction.

We are at the early stages of our journey and we are grateful to our clients, partners and friends who have supported and trusted us. Thank you for your support and trust.

David Chew31-60