At Farallon Law, we understand the challenges of unpaid debts and the importance of swift and ethical debt recovery. Our dedicated team of debt recovery lawyers is committed to providing expert legal solutions tailored to your specific needs. We uphold the highest ethical standards, ensuring all debt recovery practices are conducted with integrity and respect.
Debt collection is the process of pursuing outstanding payments from individuals or businesses, a critical function for maintaining financial stability and healthy cash flow. At our law firm, we understand the importance of ethical practices in this process. We are committed to employing lawful and respectful methods, ensuring that your debts are recovered efficiently and professionally. We work diligently to uphold the highest standards of integrity while securing the financial outcomes you need.
Our approach to debt recovery is designed to be thorough and effective, prioritising amicable solutions while being prepared for litigation when necessary:
We offer a comprehensive range of debt recovery services, providing expert legal support to individuals and businesses.
We have experience advising on multi-jurisdictional transactions and disputes in Singapore, Hong Kong, China, Indonesia, Malaysia, Philippines, Thailand, Vietnam, India, Japan, Korea, Taiwan, the Middle East, Australia, Europe and the United States and has negotiated for and against parties in New York, London, Silicon Valley, China, Hong Kong, Tokyo, Taipei, Seoul, Jakarta, Surabaya, Vietnam, Thailand, Myanmar, the Philippines, Kuwait, Bahrain, Saudi Arabia, the Netherlands, France, Milan, and Frankfurt.
Our firm has significant deal experience with transactional cross-border M&A, with a specific focus on advising U.S., European or Australian companies on their acquisitions of Asian companies.
Representative transactions include:
Get in touch with us for a discussion on how we can provide value to your business.
Singapore (2002) | England and Wales (2006) | New York (2009) | Hong Kong (2009)
Nicolas is an Arbitrator at the Hong Kong International Arbitration Centre (HKIAC), Thailand Arbitration Centre (THAC) and Singapore International Arbitration Centre (SIAC). In the mediation arena, he is a Specialist Mediator at the Singapore International Mediation Centre (SIMC), an Accredited Mediator at the Singapore International Mediation Institute (SIMI), an Accredited Mediator at the Singapore Mediation Centre (SMC) and a Mediation Advocate at the International Mediation Institute (IMI) in Netherlands.
Nicolas received his pupillage training from Davinder Singh SC in 2001. He commenced practice in 2002 in the Litigation and Dispute Resolution team of Drew & Napier and has since practiced at international law firms Allen & Overy (Singapore office), Sidley Austin (Hong Kong office) and Baker McKenzie (Singapore and Indonesia offices).
His main areas of practice are civil litigation, arbitration, mediation, employment law, criminal law, defamation, mergers and acquisitions and corporate and compliance.
He also has experience as in-house counsel in supply chain management, employee disputes, subcontractor issues and compliance work arises from serving at US MNC Flex where he was responsible for contractual, compliance and litigation matters at all Singapore, Indonesian and Malaysian sites.
Throughout his career, he has advised on multi-jurisdictional disputes and corporate transactions involving clients and adverse parties from Australia, Bahrain, Bali, Bangladesh, Beijing, Bermuda, British Virgin Islands, Canada, Cayman Islands, China, Czech Republic, Dubai, Finland, France, Germany, Ghana, Guangzhou, Hong Kong SAR, India, Indonesia, Israel, Italy, Jakarta, Japan, Kuwait, Laos, Las Vegas, Lebanon, London, Luxembourg, Malaysia, Myanmar, Netherlands, New Zealand, Papua New Guinea, Philippines, Puerto Rico, Russia, Saudi Arabia, Scotland, Shanghai, Shenzhen, Silicon Valley, Singapore, Sri Lanka, South Africa, South Korea, Surabaya, Taiwan ROC, Thailand, Timor Leste, Tokyo, United Arab Emirates, United Kingdom, USA and Vietnam.
In Singapore, you have several legal avenues for debt recovery. These include sending a Letter of Demand (LOD), engaging in direct negotiation for a settlement, filing a claim with the Small Claims Tribunal for smaller debts, or initiating formal legal proceedings in the civil courts for larger or more complex cases. Our experienced lawyers can assess your specific situation and advise on the most effective course of action.
A Letter of Demand (LOD) is a formal legal notice sent to the debtor, clearly outlining the debt and demanding repayment within a specified timeframe. It serves as a crucial first step in the debt recovery process, demonstrating your intent to pursue legal action. If the debtor ignores the LOD, it significantly strengthens your position should you proceed to court, showing that you have made a reasonable attempt to resolve the matter amicably.
The timeline for debt recovery can vary significantly depending on the method employed and the complexity of the case. Here’s a general overview:
We understand that time is of the essence, and we strive to expedite the process wherever possible, keeping you informed at every stage.
In such cases, enforcement may be necessary. Several legal methods can be employed to enforce the judgment, including:
Our team is adept at implementing these enforcement measures to ensure that you receive the owed funds.
Yes, the Limitation Act (Singapore) sets a time limit for initiating legal action. For most debt claims, you must file within 6 years from the date the debt became due. It is crucial to act promptly to avoid exceeding this time limit.
Yes, recovering debts from overseas debtors is possible, although it often involves navigating complex international legal landscapes. This may require initiating legal action in the debtor’s jurisdiction or utilising cross-border enforcement treaties. Our team of experienced debt recovery lawyers possess the expertise to handle such international debt recovery cases, ensuring your rights are protected across borders.
Reach out to us, and our team of M&A lawyers will try our best to assist you in any way we can.
Farallon Law Corporation
21 Collyer Quay #01-01
Singapore 049320
Have a legal challenge that you might need help or advise with? Reach out to our corporate lawyers, and we will try our best to assist you in any way we can.
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