A business under cash flow pressure negotiates informally with its lender. Terms are discussed and payments are varied by agreement over email.
Without proper documentation the varied terms may not bind, the existing security may be affected, guarantors may be inadvertently released or newly exposed, and other lenders may have cross-default rights being triggered.
Debt Restructuring and Rescheduling Documentation
Documentation for restructuring and rescheduling — the variation or restructuring agreement, effect on existing security and guarantees, consents from other lenders, standstill arrangements, and the position on cross-default.
Your Vision, Backed by the Right Legal Support
You build the business. We help you protect it.
Picture a restructuring where the new terms are documented and binding, security is preserved, guarantors' positions are known, and other lenders have consented.
Who this service is for
This Is For You If…
Businesses negotiating revised terms with a lender
Companies facing covenant breach or payment difficulty
Groups restructuring borrowings across entities
Guarantors whose position may be affected
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What we will do for you
This is what we will do for you
Review the existing facilities, security and cross-default exposure
Document the restructuring or rescheduling properly
Preserve or reconstitute security and address guarantor positions
Obtain consents from other lenders where required
What’s Included
What’s Included in our service for you
Facility, security and cross-default review
Restructuring or rescheduling agreement
Security preservation and reconstitution
Guarantor position addressed
Consents from other lenders obtained
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Why Choose Legal That Works?
Why Choose Us To Assist You?
Digital-first
No office visit required—review and sign online
Transparent fees
Fixed price, no billing surprises
Deep experience
Various contracts across industries
Accessible
Our client portal keeps you informed
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We've Helped
You Need To Act Now
Important: Limited Slots
Informal variations can affect security and guarantees in ways nobody intends, and the consequences usually surface at enforcement.
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Nothing to Lose. Everything to Protect.
No Surprises. No Guesswork. Just Legal That Works.
Before anything starts, we speak with you to understand your business and make sure the service is the right fit. If it is not, we will say so upfront. No pressure. No wasted time. We only take on matters we are confident we can deliver with quality. That is why business owners trust us to get it right.
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Frequently Asked Questions
What is Legal That Works?
Legal That Works is a business and organisation oriented legal service designed by Messrs Akmal Saufi & Co (the firm that has brought the widely known legal consumer services brand ASCOLAW). We specifically help business owners and organisation leadership to navigate Malaysia’s legal terrain to achieve their commercial goal.
What if I’m not sure what legal service I need?
No problem. Most business owners aren’t legal experts! Just reach out. Our team will guide you to the right service or help you understand your options—without jargon or upselling.
Can we vary terms informally with the bank?
Terms varied without documentation may not bind, and can affect security. Document it.
Does restructuring affect our guarantors?
It can, in both directions. Their position needs to be addressed expressly.
What about our other lenders?
Cross-default provisions may be triggered. Check before agreeing anything.
Who will be helping me?
All our services are delivered by our licensed lawyers under the Malaysian Bar with proven experience across industries. You’ll work with a real legal team, not chatbots or generic customer support.
