Insolvency Services

Liquidations Support Liquidations Support Business Valuations Cash Flow Forecasting

Mann & Associates have a long and successful history providing a range of Insolvency Services covering the entire gamut of both corporate and personal insolvency.

Our highly accomplished and proficient team of insolvency professionals have broad experience in every type of process, as well as cross border matters, including Chapter 15 managing foreign debtors’ assets located in the US and the UNCITRAL Model Law in Australia.

Our portfolio of work includes specialist and strategic engagements such as under the London Maritime Arbitration Act where we were appointed Liquidator in the UK, working with counsel to achieve a vital stay on proceedings to enable the costs position to be decided and allow discussions with potential litigation funders to develop.

We have also worked extensively with counsel in London, as well as professionals in other jurisdictions, to clarify and manage the position with sanctioned entities in the UK and EU with international assets.

Mann & Associates have worked with the Office of Foreign Assets Control (OFAC) to navigate complex US economic sanctions to ensure legal compliance, mitigate risks and facilitate authorized international business.

We have been appointed by the court in Singapore in more than a hundred cases involving every type of business and commercial operation. We work as Liquidator, Judicial Manager, Receiver and Trustee in Bankruptcy to achieve the best result for stakeholders. In these various roles we have the capacity to trade and manage a range of complex corporate structures, often including several subsidiaries across the Asia Pacific region.

We deal just as efficiently with straightforward matters as those involving complex capital structures. For example, we were recently engaged in the Cayman Islands to jointly liquidate sub-funds and feeder funds. We were also appointed as Trustee in Bankruptcy in a cross border matter by the Federal Court of Sydney.

How Mann & Associates Global Do Things Differently

There is nothing more important or rewarding to us than working closely with our clients to achieve a satisfactory outcome for them.

This is where true international experience and a broad global know-how matters. We are as proud of our extensive experience in multi-jurisdictional processes as we are of the quality of our advice and consistent delivery for stakeholders.

An example is Farooq Mann’s expertise as Judicial Manager in the Golden Mountain Textile case where it quickly became apparent that more time was needed to make the restructuring viable and creditor-driven, not merely to delay proceedings.

As part of a successful strategy Farooq applied to extend the judicial management period, his appointment and the deadline for proposals. He argued this was necessary because a major creditor had raised substantive concerns about the restructuring plan, requiring revisions and an adjourned creditors’ meeting.

He maintained that the extension would facilitate meaningful creditor engagement and improve the restructuring proposal, rather than serve administrative convenience. Crucially, his position was that the extension would advance the statutory objective of judicial management, keeping the company alive as a going concern.

This is the perfect example of where the input of an insolvency professional with global experience used expertise, as a judicial manager in this case, to justify the extension as purposeful and necessary to achieve a workable restructuring with creditor input, not just to buy time