IPAS Masterclass

Demystifying Schemes – More than Dotting i’s and Crossing t’s

Terms such as “cash sweep” and “waterfall” often arise in negotiations or discussions on restructurings. Exactly how these terms are put into effect is much less often discussed.


IPAS’s first masterclass session seeks to bridge the commercial terms used in restructuring discussions and the language used in documentation to bring the commercial terms into effect.


Participants can expect a walkthrough of the documentation involved in a scheme of arrangement, including the typical types of clauses that are included in the key documents in a scheme of arrangement.


Restructuring professionals who have experience in negotiating commercial terms or are more attuned to the commercial or financial side of a restructuring will gain insights into document drafting during this session. Rather than leaving details that may potentially break a deal to the drafters, restructuring professionals who understand how agreements are put into writing can have an edge in live-drafting of documents which may need to be done in fast-paced restructurings.


Participants with prior experience in schemes of arrangement are invited to share their experience with the group to assist in developing a deeper understanding of the documentation involved in implementing commercial agreements that are often discussed in restructurings.


This masterclass will be facilitated by Daniel and Ismail of WongPartnership LLP.

Event Information:

  • Date: 13 July 2023, Thursday

  • Time: 2.00pm to 5.30pm (registration starts at 1.45pm)

  • Venue: WongPartnership Seminar Room

                      12 Marina Boulevard Level 28

                      Marina Bay Financial Centre Tower 3

                      Singapore 018982


Course Fees:

  • IPAS Members: $360 (early bird – $324)

  • Non-IPAS Members: $432 (early bird – $388.80)


Registration will close on 11 July 2023 (Tuesday)

Enjoy 10% Bird Discount if you sign up before 23 June (Limited to the first 10 sign-ups only)


The course is SILE-accredited for public CPD points, while accountants will be issued with a certificate of attendance (Category 4).


Who should attend:

  • Insolvency practitioners/Financial Advisors

  • Corporate Restructuring Professionals

  • Financial Analysts

  • Lenders/Borrowers

  • In-house Legal Counsels

If you have any queries, please contact us at courses@ipas.org.sg


Daniel LIU
Partner, Restructuring & Insolvency and Special Situations Advisory Practices

Daniel LIU is a Partner in the Restructuring & Insolvency and Special Situations Advisory Practices.

His main areas of practice are restructuring and corporate disputes. He also advises on corporate governance and financial services regulatory matters.

Daniel graduated from Singapore Management University as the School of Law Valedictorian of the graduating class in 2013. He was a recipient of various scholarships and was awarded subject prizes in corporate and commercial law, the law of equity and trusts, legal theory and philosophy, legal research and writing, and ethics and social responsibility.

Daniel was also part of the team that represented Singapore Management University in the Phillip C. Jessup International Law Moot Court Competition in 2013, emerging Runner-Up at the Washington D.C. international championship rounds.

Daniel is admitted to the Singapore Bar and was ranked joint 3rd in the 2013 Singapore Bar Examinations. He served as a Justices’ Law Clerk with the Singapore Supreme Court, before entering private practice. He was also appointed as a Law Clerk to assist the Competition Appeal Board during his time with the Singapore Supreme Court.

Muhammed Ismail NOORDIN
Senior Associate, Restructuring & Insolvency and Special Situations Advisory Practices

Muhammed Ismail NOORDIN is a Senior Associate in the Restructuring & Insolvency and Special Situations Advisory Practices.

His main areas of practice are restructuring and insolvency and special situation financings. Ismail has been involved in multiple restructuring matters, including advising debtors and creditors on restructurings and related transactions where debt and transaction values approach or were in the billions of dollars, as well as contentious restructurings. Ismail has also been involved in advising insolvency officers such as liquidators and judicial managers.

Outside of practice, Ismail is actively involved in community activities, and most recently coordinated and set up a unique one-stop assistance checkpoint for migrant workers where they can get legal assistance as well as support from authorities with the Ministry of Manpower.

Ismail graduated from the Singapore Management University and is admitted to the Singapore Bar.


Public CPD Points: 3.0
Practice Area: Corporate/Commercial
Training Level: Advance 


SILE Attendance Policy

Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, this includes signing in on arrival and signing out at the conclusion of the activity in the manner required by the organiser, and not being absent from the entire activity for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for attending the activity. Please refer to www.sileCPDcentre.sg for more information.