[Webinar] Season 2: Utilising Singapore (and Other Offshore Jurisdictions) to Restructure Indonesian Companies

Following a highly successful session held in March 2021, ABLI returned with a new session to look at the topic of utilising Singapore (and other offshore jurisdictions) to restructure Indonesian companies, a topic that has become even hotter over the past year. 

Speakers Tahirah Ara (Managing Partner, Singapore and Head of Asia, Mishcon de Reya LLP), Emmanuel Chua (Local Principal, Baker & McKenzie Wong & Leow) and Narada Kumara (Partner and Practice Group Head of Restructuring and Insolvency, Budidjaja International Lawyers) covered the following topics at this “season 2” session:

• Trends of in-bound restructuring applications received in Singapore
• The extent to which foreign law is a consideration to restructurings in Singapore, including the impact of the UK Gibbs rule on the decision of an Indonesian company to restructure in Singapore
• Recognition of foreign restructuring proceedings by Indonesian courts
• Proposed changes to Indonesia’s bankruptcy legislation and PKPU proceedings

Attendees were provided with a hypothetical case study in advance for better preparation and more effective interaction with speakers during the session.