Restructuring

Restructuring is a part of business. When the need arises, the multidisciplinary DFDL team has extensive experience advising clients across a range of local and cross-border restructuring, refinancing and insolvency matters.

DFDL’s expertise in banking, corporate, energy, employment, real estate, insolvency and tax – complemented by our network of local litigators – positions us well to advise on complex restructuring, insolvency and cross-border matters and plan effective strategies. Our clients include debtors, creditors and other distressed entities across South and Southeast Asia.

DFDL is a member of the Global Restructuring and Insolvency Professionals network – a dynamic referral system of independent insolvency firms that further strengthens our capabilities and offerings.

How we can help:

  • Cross-border corporate restructuring and workouts;
  • Debt restructuring and rescheduling;
  • Distressed situations and contingency planning;
  • Divestment of distressed businesses and assets;
  • Enforcement of securities;
  • Formal bankruptcy and insolvency procedures;
  • Insolvency planning and negotiations;
  • Renegotiation of commercial agreements, including leasing contracts;
  • Settlement of unpaid taxes in the course of liquidation and dissolution;
  • Tax advisory and tax return review for entity liquidation and dissolution;
  • Tax debt restructuring and forgiveness; and
  • Workforce restructuring.

Key Credentials

  • British American Tobacco Myanmar on local law advisory and strategy on key considerations for exit, including comprehensive due diligence on risks, liabilities and mitigation strategies considering the exit. The transaction also includes a debt restructuring between the group companies.
  • A telecom services provider, controlling shareholder of the debtor, in relation to the first insolvency proceedings to go through the entire insolvency and liquidation process in Cambodia.
  • Belt Road Investment Group, one of the largest funds investing in the Mekong region, on the restructuring of the target group, which consists of entities in Singapore, Cambodia and Myanmar engaging in digital media, online retail and logistics businesses, in anticipation of Belt Road’s subscription for 24.27% of the shares in the parent company.
  • Bank of China, one of China’s biggest state-owned commercial banks, in relation to a refinancing of an existing USD 421 million facility for a telecommunications group in Cambodia.
  • A leading e-commerce services platform in relation to its proposed global liquidation and dissolution process in Indonesia, Philippines, Singapore, Thailand, Vietnam and Hong Kong.

Awards

2023 asialaw

  • Restructuring and Insolvency ThailandRecommended

2023 iflr 1000

  • RestructuringOther Notable
  • RestructuringOther Notable

2023 legal 500 asia pacific

  • Restructuring And Insolvency ThailandTier 3

Key Contacts

Nishant Choudhary
Partner and Managing Director, Myanmar | Head of Regional Dispute Resolution
Cambodia, Myanmar
+95 997 612 1022 / +855 783 335 66
LinkedIn
Jonathan Blaine
Tax Director | Co-Head of Regional Compliance & Investigations | Head of Learning and Development
Thailand
+66 830 096 446
LinkedIn

Insights

Intelligence from the DFDL legal team

Restructuring
Jun 22 2023

Tax and Legal Aspects of Restructuring a Business in Myanmar

As a continuation of our successful webinar on loan restructuring held last 7 June 2023, DFDL is pleased to invite …
Banking and Finance
Jan 17 2023

DFDL Ranked as Top-Tier in The Legal 500 Asia Pacific 2023 edition

The DFDL team is proud to announce that we have been recognized as a Top Tier Firm in five practice …
Restructuring
Oct 20 2022

Myanmar: Restructuring Options Amid Economic Downturn

Companies operating in Myanmar have been deeply affected by the present economic downturn due to several factors, ranging from pandemic …
Restructuring
Feb 18 2022

DFDL Partners Ranked as Vietnam’s Top 100 Lawyers for 2021 by Asia Business Law Journal

DFDL is pleased to announce that our Partners have been ranked in Vietnam’s Top 100 lawyers by Asia Business Law …
Restructuring
Nov 22 2021

Jonathan Blaine Participates in STEP Asia Conference 2021

The STEP ASIA Conference 2021 was held virtually during 16-18 November 2021. The annual event stands one of the largest …
Restructuring
Oct 28 2021

Cambodia: Amendment of the Labour Law

The 1997 Labour Law, previously amended in 2007 and 2018, was amended for the third time on 5 October 2021 …
Restructuring
Oct 1 2021

DFDL Lao PDR and Myanmar Both Named ‘Firm of the Year 2021’ by Asialaw

DFDL is pleased to announce that our offices in the Lao PDR and Myanmar have both been named ‘Firm of …
Restructuring
Sep 22 2021

Kraisorn Rueangkul Speaks at Workforce Restructuring Webinar

On 20 September 2021, DFDL Thailand participated in an online webinar organized by the British Chamber of Commerce in Thailand …
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