As Partner & Managing Director based in AlixPartners Singapore office, Patrick advises companies and creditors in complex, cross border stressed and distressed situations. He can draw on more than 15 years of experience spanning due diligence, M&A, capital raising, formal appointments, operational and financial restructuring.
His approach to assignments is to understand the relative positions and motivations of diverse stakeholder groups in order to build consensus on an appropriate way forward. He ensures there is clear and concise analysis and communication delivered at each stage of formulating, agreeing and implementing a plan to resolve the issues at hand.
He has worked with management teams, boards of directors and other stakeholders in over $4 billion of consensual restructurings. He has taken formal appointments to recover value for creditors, including through running debtor companies on creditors behalf, completing international sale processes and raising new capital.
His expertise includes managing and improving short term liquidity, analysing business plans and financial forecasts, right sizing balance sheets and negotiating debt restructuring terms. He has significant experience in the oil & gas and mining industries.
Key Engagements:
- USD3 billion Judicial Management and liquidation of Hyflux Ltd and Hydrochem (S) Pte Ltd
- USD2 billion restructuring of Borr Drilling Limited
- USD825 million restructuring of Floatel International Ltd
- USD600 million receivership of KrisEnergy Asia
- USD430 million restructuring of OM Holdings Limited
- USD350 million receivership of Yang Kee Group
- USD140 million receivership of HappyFresh