Navigating Insolvency in Construction: Strategies for Stability (16 July 2024)


Tuesday, July 16, 2024
5.00pm - 7.30pm

About this Seminar

This seminar delves into the complexities of financial distress within the construction industry. From schemes of arrangements to liquidation, the speakers will cover the gamut of options available to construction companies in distress and the effectiveness of different strategies. Debby and Rick will explore case studies from their respective practices and present insights relevant to the construction space.

Seminar Programme 

Registrations & Refreshments for Delegates | 5.00 – 5.30pm

Opening Remarks by Chairperson |  5.30 - 5.40pm

Panel Discussion: “Navigating Insolvency in Construction: Strategies for Stability” | 5.40 - 6.40pm

Q&A session | 6.40 – 7.10pm 

Networking Buffet | 7.10 - 7.30pm

About the Speakers

Ms. Debby Lim – Partner, Dentons Rodyk & Davidson LLP

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Debby Lim is the deputy head of Dentons Rodyk's Restructuring, Insolvency and Bankruptcy practice group. She has a broad commercial practice with overlapping strengths in banking and finance disputes, insolvency and restructuring, domestic and international arbitrations. She has also acted in construction and property-related disputes as well as shareholder disputes. She focuses on all areas of contentious insolvency, asset recovery work (including major commercial disputes), fraud and investigations. These often involve complex and multifaceted litigation in the aftermath of cross-border corporate collapses. Debby also has significant experience in restructuring and non-contentious insolvency work. She has been involved in precedent-setting matters which impact the way the industry handles similar matters moving forward. Debby has been noted as a leading lawyer in many publications including Chambers Asia, Legal 500 and Who’s Who in Legal Restructuring & Insolvency.


Mr. Seah Chee Wei – Director, Rock Stevenson Pte Ltd 

After graduating from NTU in 1996, Rick joined Ernst & Young as an external auditor for 2 years and then began to specialize in corporate restructuring assignments for about 9 years.  When he left Ernst & Young in 2007, he was appointed the financial controller of a SGX-listed company and he subsequently became the finance director of 2 advertising firms under the well-known multinational WPP Group for a period of about 3 years.  He later joined RSM Chio Lim Stone Forest to perform corporate and individual insolvency assignments for a period of about 5 years. In 2016, Rick started his own practice offering corporate restructuring, insolvency and mediation services.  He has performed liquidation on certain notable construction companies such as Hock Guan Cheong Builder Pte Ltd, Lim Keenly Builders Pte Ltd, Richlink Builders Pte Ltd, RI Dong Corporation Pte Ltd and Wan Sheng Hao Construction Pte Ltd.

About the Chairperson

Mr. Chan Yong Neng – Partner, Pinsent Masons MPillay LLP; Council Member, Society of Construction Law (Singapore)

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Yong Neng is a Partner with Pinsent Masons. He is a construction advisory and disputes resolution specialist, advising on infrastructure and energy projects globally. He has advised on and acted in disputes across a wide range of infrastructure projects locally and internationally, including offshore windfarms, coal fired power stations, petrochemical refineries, process plants, rail lines and stations, tunnel boring projects, airport terminals and residential developments. His experience includes the resolution of costs and time claims arising from variations, unforeseen physical conditions, acceleration and prolongation of works, defects, non-compliance with contractual specifications and the termination of contracts. Yong Neng regularly acts in international commercial arbitrations and proceedings in the Singapore Supreme Court. He has also successfully represented clients as counsel and advocate in adjudications under the Singapore Security of Payments Act. He currently serves on the Council of the Society of Construction law Singapore.