24 June 2021
[Webinar] Rise of Pre-pack as a Restructuring Tool – Global and Regional Perspectives
On 9 September at 7pm (Singapore time), ABLI will be holding a new webinar to discuss the usage of pre-pack as a restructuring tool, focusing on experiences from India, Singapore, UK and the US.
The use of pre-packs as a restructuring tool has become increasingly popular in recent years. In the United Kingdom, many going concern sales have taken place through pre-packaged administrations. In the United States, pre-packaged reorganisation procedures have allowed many financially distressed firms to quickly emerge from bankruptcy. In 2017, Singapore introduced a pre-packaged scheme that provides companies with an expeditious and efficient restructuring tool, and several companies have successfully conducted debt restructurings through the new pre-pack route. In the past few months, a number of jurisdictions around the world have enacted or announced the enactment of pre-packs. Among these jurisdictions, India has recently introduced a pre-packaged insolvency resolution process for micro, small and medium-sized enterprises.
Titled Rise of Pre-pack as a Restructuring Tool – Global and Regional Perspectives, this webinar will provide a global view of the rise of pre-packs, with particular emphasis on the nature and features of pre-packs in Singapore, India, the US and the UK. Discussions may include:
• Global overview of pre-packs as a restructuring tool and their similarities and differences around the world
• In depth analysis of the nature and features of pre-packs in Singapore, India, the US and the UK
• Successful cases of pre-packs in Singapore and the US
• Opportunities and risks of pre-packs from the perspective of debtors and creditors
• Use of pre-packs for large companies and small firms
• Future of pre-packs in corporate restructurings
Speakers for this webinar are Aurelio Gurrea-Martínez, Assistant Professor of Law, Singapore Management University, Debby Lim, Director, BlackOak LLC, Dan T. Moss, Partner, Jones Day and Dr. Neeti Shikha, Head, Centre for Insolvency and Bankruptcy, Indian Institute of Corporate Affairs.
Registration is now open here. Members of the Singapore Academy of Law can redeem this webinar with their credit dollars on SAL-e via this link.
This webinar has been accredited for one public CPD point for Singapore-admitted lawyers.