Lien Ngo is an Associate Director with Teneo in Scotland, having joined Teneo as part of its purchase of Deloitte’s UK Restructuring business.
Lien is a qualified accountant with over 13 years’ restructuring and insolvency experience. Her role covers a broad range of engagements including acting as a financial advisor for lenders/creditors, business reviews, assisting management teams with debt refinancing, pension covenant advice to companies and pension scheme trustees, financial due diligence, contingency planning for potential insolvency appointments and implementation and management of formal insolvency appointments.
Selected project experience
- Project Bow – options review, contingency planning and AMA process for an AIM listed leisure operator. The business had recently uncovered significant legacy accounting irregularities and as a result, was in breach of its banking facilities and had an immediate liquidity need. The business and assets were ultimately sold in a pre-pack transaction, protecting over 700 jobs and achieving a significant multiple on the business’s EBITDA.
- Ferguson Marine Engineering Limited – overseeing the ongoing trading of a key Scottish ship builder in administration. After a period of marketing, the business and assets were sold to Scottish Government, ensuring the ongoing employment of approximately 300 staff.
- Project Atlantis – advising the company on restructuring options including CVA feasibility