[Webinar] Rise of Pre-pack as a Restructuring Tool – Global and Regional Perspectives

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 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.

Organized by the Asian Business Law Institute, 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

Refer to the flyer for more details.