How to rescue a financially distressed company
Event Code : 0000000386

Highlights

This seminar will be opened for enrolment on 7 October 2015 at 11:00am. The "Login to Enrol" button is NOT available before 7 October at 11:00am.


Event Details: Speaker : Mr LAI Kar-yan Derek, Managing Partner, Deloitte China Southern Region Date : 15 October 2015 (Thursday) Time : 7:00pm - 9:00pm (Registration starts at 6:30pm) Venue : Auditorium, 1/F., Duke of Windsor Social Service Building, 15 Hennessy Road, Wanchai, Hong Kong Language : Cantonese (no simultaneous translation) CPD Credit : 2 hours Fee : HK$100- About the Seminar: A company may face various financial problems, including cash flow difficulties as well as difficulties to extend credit or raise new capital. In these situations, restructuring usually serves as an alternative to liquidation. In this seminar, the speaker will explain how to rescue a financially distressed company while focusing on debt restructuring, including: - Debt restructuring process and general techniques - Both formal statutory and informal debt restructuring tools - General difficulties faced by a practitioner in debt restructuring - Skill sets required in conducting debt restructuring About the Speaker: Mr Derek Lai is the Managing Partner of Deloitte China Southern Region, Office Managing Partner of Deloitte Hong Kong office, Asia Pacific Leader of Restructuring Services and an executive director of Deloitte & Touche Financial Advisory Services Limited. He has specialized in corporate restructuring and insolvency in Hong Kong and Mainland China for over 26 years. Mr Lai has substantial insolvency experience and has worked on receivership, liquidation, corporate restructuring and closure management engagements involving entities incorporated in Hong Kong, China and various other international jurisdictions including the British Virgin Islands, Cayman Islands, Cook Islands, Jersey and the United Kingdom. Mr Lai has worked on formal restructurings and informal workouts. Mr Lai has also acted as joint and several provisional liquidator of Ocean Grand Holdings Limited, Great Wall Cybertech Limited, The Sun’s Group Limited, Far East Pharmaceutical Technology Co, Ltd and Ocean Grand Chemicals Holdings Limited, all of which were listed on the Hong Kong Stock Exchange and have been successfully restructured. He has gained extensive experience in seeking the relisting of the shares of companies in financial difficulties and has dealt on many occasions with the relevant regulators. Mr Lai currently is an Adjunct Professor in City University of Hong Kong and in the School of Accounting and Finance at The Hong Kong Polytechnic University. Mr Lai is also an Honorable Advisor of Business and Economics Association HKUSU of The University of Hong Kong. He frequently contributes articles in newspapers and books on the topics of liquidations, bankruptcies and receiverships in Hong Kong and the Chinese mainland.
CPD Hours: Completed CPD hours will be granted to attendees who have attended a full session of seminar. For those who have not attended full session, the number of CPD hours will be discounted accordingly. For the exact recognition of the CPD hours, please check with the respective Institute or Association. Bad Weather Arrangement: This event may be cancelled or re-scheduled when typhoon no.8 or black rainstorm warning is hoisted. Please refer to our website www.ADF.hk for the arrangement. Organizer: Accounting Development Foundation Limited (ADF)
CPD Requirements: Our seminars can fulfil CPD requirements. As professional bodies would not formally endorse the seminars we provide, it does not mean that the events we organize do not meet the CPD purpose. Registrants should note that you are responsible for determining whether our seminars or any event satisfy your CPD requirements i.e. that the training you receive are of appropriate standard and relevance to your maintaining and enhancing the technical knowledge and professional expertise. If necessary, please check with your respective professional body before registering our seminars. ADF does not warrant that the attendance of our seminars or events would automatically be recognized by the respective professional bodies as fulfilling your CPD requirements.
Enrolment - This seminar will be opened for enrolment on 7 October 2015 at 11:00am. The "Login to Enrol" button is NOT available before 7 October at 11:00am. - Only ADF Friends and online enrolment will be accepted. Please make sure that you have registered as an ADF Friend and have your ADF Friend account activated before enrolment. - You may also click here to read the enrolment procedures. - Acceptance will be on a first-come-first-served basis. - ONLY Online Payment is accepted now. Our server may experience high volume of traffic and cannot process your registration immediately. We are sorry for any inconvenience caused and your kind understanding is highly appreciated. Our line is busy and we may not be able to answer your call promptly. Should you have any enquiry, please email to info@adf.hk.

Speaker(s)

Date:
2015-10-15
Time:
19:00 PM - 00:00 00
CPD Hours:
0.0 Hours
Fee:
HK$100
Deadline:
2015-10-15

Event is not accepting enrollments yet