David Chew approved as a licensed Insolvency Practitioner in Singapore

David Chew has been approved by the Ministry of Law as a licensed Insolvency Practitioner in Singapore under Part 3 Division 3 of the Insolvency, Restructuring and Dissolution Act 2018 (Act 40 of 2018) (“IRDA”).

The approval as a licensed Insolvency Practitioner permits the license holder to undertake insolvency appointments in:

  • Judicial management

  • Court-ordered winding up

  • Creditors’ voluntary winding up

  • Receivership

  • Personal bankruptcy and voluntary arrangement

David Chew, DHC Capital Partner, said “I am delighted to be approved as a licensed Insolvency Practitioner in Singapore. The approval under the new IRDA licensing and regulatory regime maintains our ability to provide formal insolvency services and enables us to provide clients with a full suite of services across the distressed transaction cycle, ranging from distressed M&A and capital raising, director, CRO and interim management services, in and out of Court debt restructuring (including schemes of arrangement), operational restructuring and turnaround and formal insolvency.“

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