David has over 24 years of experience in restructuring, turnaround and special situations having worked as an advisor with Ernst & Young and Arthur Andersen, investment banker with Morgan Stanley, in senior management as a CRO, CFO and interim CFO and Board member to distressed companies.
David has worked with and advised private and publicly listed corporates, bank creditors, bond holders, alternative capital providers and distressed investors across the full range of the restructuring transaction cycle, including crisis stabilisation, business and strategic reviews, strategic option analysis including planning and implementing in and out of Court solutions, operational restructuring and turnaround, debt restructuring and schemes of arrangement, liquidity management initiatives, distressed M&A, rescue financing, refinancing and recapitalisations.
David has been involved in high profile and complex transactions across Asia Pacific, including transactions in Australia, Brunei, China, Hong Kong, India, Indonesia, Malaysia, Singapore, Thailand and Vietnam. He has experience across multiple sectors including, manufacturing, construction & civil engineering, mining and metals, oil & gas, real estate, tourism and leisure and shipping.
David has been involved in several ground-breaking “firsts” in restructuring in the region. He was involved in the first three (out of four to date) super priority rescue financings in Singapore under Section 211E of the Companies Act (now Section 67 of the Insolvency, Restructuring and Dissolution Act), first “pre-packaged” scheme of arrangement in Singapore under Section 71 of the Insolvency, Restructuring and Dissolution Act, first interim management appointment for a company undergoing a Court supervised restructuring process under Section 211B of the Companies Act (now Section 64 of the Insolvency, Restructuring and Dissolution Act) and first major tech sector distressed M&A transaction.
As an investment banker, David was involved in the sourcing, structuring and execution of high yield, stressed and distressed investment opportunities across Asia Pacific for Morgan Stanley prop books.