[Webinar] Playbook on China’s Corporate Restructuring Tools and Their Cross-border Implications

ABLI held a new webinar to provide an overview of the corporate restructuring tools available under Chinese law and practice. The speakers discussed, among others: 

• Corporate restructuring tools available under domestic Chinese law (and practice): reorganisation (重整) and mediation (和解) with case study

• Mutual recognition of insolvency proceedings in the Mainland and HKSAR — how this protocol may impact the recognition and enforcement of foreign insolvency orders from Mainland China, the HKSAR and countries in Southeast Asia, and how it may influence approaches for cross-border deals involving Mainland China and Southeast Asia

• Cases of Chinese bankruptcy administrators being recognised in other jurisdictions, including in Singapore

• A survey of the regimes in Singapore and other jurisdictions in Southeast Asia on the recognition of foreign insolvency orders and proceedings, and whether a protocol similar to the Mainland-HKSAR arrangement is possible in the Southeast Asian region

 The Hon Mr Justice Jonathan Harris, Judge of the Court of First Instance of the High Court of the Hong Kong Special Administrative Region, Shen Yuhan, Partner, King & Wood Mallesons and Sim Kwan Kiat, Head of Restructuring & Insolvency, Rajah & Tann Singapore LLP, spoke at the session.