Speaker(s)
- Mr Terry Kan ACG HKACG, Partner, Specialist Advisory Services, ShineWing (Chair)
- Mr Oliver Payne, Partner, Ogier
- Ms Maria On, Managing Associate, Ogier
- Ms Anna Chan, Partner, Head of Tax & Private Client, Oldham, Li & Nie
Description
This seminar will delve into the dynamic and evolving landscape of creditor protection in today's business environment.
It will explore the legal measures and strategies employed by businesses to safeguard their financial interests when dealing with potentially insolvent companies.
The seminar will cover various aspects of creditor protection, including asset protection, bankruptcy planning, and the role of legal professionals in implementing effective creditor protection strategies.
Through practical guidance and real-world examples, the seminar aims to provide business owners, company directors and compliance officers as well as legal, accounting and governance professionals with valuable insights into recognizing early warning signs of insolvency, conducting due diligence, and implementing best practices for creditor protection.
The following areas will be covered:
1) Warning signs to creditors
2) Powers and assistance available to insolvency practitioners (IPs) from statute, court order and in practice
3) Cross-border tool exclusively available to IPs: Mutual recognition between PRC and HK for IPs
4) Success factors in asset recovery from case studies
5) Types of voluntary and involuntary restructurings and insolvencies (including the restructuring officer regime and provisional liquidators)
6) Recent case examples, including: Evergrande, Adamas Asia Strategic Opportunity Fund Limited, CW Group Holdings Limited, Oriente Group Limited, Aubit International
(Recorded in February 2024)
Level: Intermediate
Chair and Speakers' bio:
Mr Terry Kan
Mr Oliver Payne
Ms Maria On
Ms Anna Chan