In distressed situations, an incumbent trustee may be reluctant to exercise discretion or act decisively to protect creditor interests.

Significant delays in distressed situations often arise when an incumbent trustee demands full indemnification (or extensive internal approvals) before acting on noteholder instructions, stalling critical decisions when every day counts. ShinhanBank Escrow recognises how frustrating and costly these hold-ups can be for investors. Leveraging our team’s deep experience in trustee replacements and enforcement scenarios, we are uniquely positioned to step in swiftly as successor trustee and get things moving again.As a truly independent professional fiduciary with no lending or advisory conflicts, we make decisions rapidly, pragmatically and solely in the interests of noteholders—ensuring momentum is restored without unnecessary delay.