With the right guidance, businesses and stakeholders can navigate insolvency while safeguarding value and fulfilling their obligations.
Yeoh Shim Siow & Lay Kuan | Corporate Rescue & Liquidation
Corporate Rescue & Liquidation Services in Kuala Lumpur
From Restructuring to Recovery — We Protect What Matters.
Businesses in financial distress face critical legal, financial, and reputational decisions. Whether you're a company director, secured creditor, investor, or appointed liquidator, navigating insolvency requires timely legal intervention and a clear understanding of your rights and obligations.
At Yeoh Shim Siow & Lay Kuan (YSLK), our advocates and solicitors in Kuala Lumpur provides strategic and compliant legal support in corporate rescue and liquidation matters. Our lawyers advise companies, creditors, and stakeholders across industries on managing financial distress while preserving business value and meeting statutory duties under the Companies Act 2016. We represent clients in court-supervised and voluntary processes, offering clear, practical guidance in complex, time-sensitive situations.
Our Core Services
Legal Paths to Recovery and Closure.
We support clients across every stage of financial restructuring, statutory intervention, and winding up. Our services include:
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Debt RestructuringWe assist distressed companies in renegotiating creditor terms, restructuring facilities, and developing debt restructuring and turnaround strategies in Malaysia. Our team ensures compliance with regulatory frameworks while helping clients regain control over operational and financial commitments.
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Schemes of Arrangement
Our firm assists with court-sanctioned restructuring arrangements by advising on scheme structure, creditor class meetings, disclosures, and obtaining High Court confirmation. These schemes are often used to stabilise operations while honouring creditor rights.
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Judicial Management
We represent applicants, creditors, and judicial managers in applications for judicial management orders under the Companies Act 2016. Our lawyers prepare submissions, attend hearings, and advise stakeholders throughout the process to maximise restructuring outcomes under court protection.
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Winding Up & Liquidation
Whether by creditor petition or voluntary decision, we handle every aspect of winding-up procedures, from preparing statutory documents to representing stakeholders in court. We assist liquidators with asset tracing, debt recovery, and creditor communication.
Clients & Industries We Serve
Legal Solutions for Distressed Companies and Their Stakeholders.
Our corporate rescue lawyers in Malaysia act for a broad spectrum of clients affected by insolvency:
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Distressed CompaniesBusinesses struggling with liabilities, regulatory exposure, or declining revenue. We advise boards on legal obligations and options to mitigate personal and corporate risk.
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Creditors & Financial Institutions
Secured lenders, trade creditors, and investors seeking recovery or contesting proceedings. We assist with proof of debt, voting rights, and legal remedies.
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Insolvency Practitioners
Court-appointed liquidators, receivers, and judicial managers rely on our firm for legal clarity, compliance, and support in enforcement actions.
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Investors & Shareholders
Minority shareholders and equity partners engaged in restructuring negotiations or winding-up proceedings.
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Construction, Retail, and Hospitality Sectors
Industries exposed to delayed projects, cash flow shortages, or workforce constraints. We manage disputes and restructuring efforts.
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SMEs and family-owned Companies
Owners navigate succession planning, voluntary winding up, or debt settlement through private agreements.
Experienced Legal Team
Experienced Insolvency Counsel for Complex Restructuring Matters.
Each lawyer in our insolvency team brings not only technical knowledge of Malaysia’s insolvency laws but also hands-on experience advising on high-stakes corporate workouts, cross-border creditor claims, and strategic exits.
From initial advisory to courtroom representation, we work closely with directors, financial advisors, and insolvency practitioners to deliver legal solutions that are both commercially viable and fully compliant. Whether acting for distressed companies, liquidators, or investors, our priority is to resolve matters efficiently, mitigate liabilities, and protect long-term interests.
Meet Our Corporate Rescue & Liquidation Legal Team
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How We Can Help
Take the First Step Towards Recovery or Resolution.
Insolvency can be daunting, but early legal advice can help mitigate risk and preserve options. Whether you're a director uncertain of your responsibilities or a creditor seeking to recover losses, our lawyers are ready to help.
Request a Confidential Consultation
Please fill out the contact form below to speak with our corporate rescue lawyers in Malaysia. All consultations are strictly confidential.
FAQ
Legal FAQs for Business Clarity.
What is the difference between judicial management and liquidation?
Judicial management offers companies temporary court protection to restructure and remain operational. Liquidation dissolves the company and distributes its assets to creditors.
How long does judicial management last?
An initial period of 6 months, with possible extension up to 12 months upon court approval.
Can creditors stop a company from entering judicial management?
Yes. Creditors can object during court proceedings if they believe judicial management is not in their interest or unlikely to succeed.
What are the directors’ duties during insolvency?
Directors must act in the interests of creditors, avoid wrongful trading, and ensure full disclosure of the company’s financial position.
What is the difference between voluntary and compulsory winding up?
Voluntary winding up is initiated by company members or creditors; compulsory winding up is court-ordered, usually following a creditor petition.