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