DATE
Thursday, 3 Sep 2020

TIME
9:00AM 

VENUE
Live Virtual

 

Event Overview

The Asian region has been witnessing an increase in corporate distressed debt, growing non-performing loans, posing legitimate concerns for lenders and investors. The regional lenders are likely to see more winding up cases from their corporate borrowers, as the trade-reliant economies take a hit from US-China tensions, tepid economic condition, coupled with the disruption force hammering various industry sectors.

When given such cases, the debt restructuring process can be painful, time-consuming, and unfamiliar for many creditors, especially those dealing with cross-border borrowers. Will creditor’s rights be frozen in overseas jurisdictions? What is the right strategic planning to enforce the rights and ensure optimal asset recovery? With Singapore’s revised restructuring legislations to become the regional restructuring hub, how can creditors leverage on the new favourable features?

ALB Virtual Cross-border Debt Restructuring Forum 2020 timely sets out to find compelling solutions to meet the changing dimensions of distressed debts, restructuring and insolvency cases. The conference brings a wide range of creative and collaborative solutions from lawyers, accountants, creditors to ultimately achieve successful debt restructuring, recovery, and turnaround for both creditors and debtors. With better clarity, the event will also widen up new opportunities for distressed investors.

Cross-border debt restructuring will become the must-know for every credit provider.

Benefits Of Attending

  • Understand the latest regulatory and legal changes governing restructuring and insolvency matters across different jurisdictions
  • Harness the enforcement rights, payment priorities, and adequate protection for creditors
  • Grab the essential negotiation strategies between debtors and creditors before court proceedings
  • Navigate divergent interests, recovering and transforming post-restructuring
  • Engage to learn creative solutions from leading restructuring and insolvency practitioners
  • Seize opportunities in rescue and distress financing for lenders and white knights
  • Special situations, stressed and distressed investing opportunities in Asia – translating legal differences into opportunities

Who Should Attend?

The conference is a can’t-miss event for all debt restructuring and distressed investing professionals:

  • Restructuring and Insolvency Lawyers
  • Creditors/Insolvency Practitioners
    • Special assets or “workout” department
    • Loan Management/Lending Services
    • Credit Risk
    • Fixed Income
    • Credit Strategy
    • Corporate Recovery/Turnaround
    • Corporate Bonds
    • Liquidator
    • Lenders/Bondholders
  • Accounting Firms/Advisory Firms/Auditing Firms
    • Debt Restructuring
    • Debt Advisory
  • Capital Providers/Investors
    • Rescue Financing
    • Distressed Investors/Special-situation Investors/Activist Funds/High-yield Investors
  • Debtors/Distressed Firms
  • M&A Professionals
  • In-House Counsel/Chief Legal Officer
  • Industries that are vulnerable to financial distress

Forum Topics at a Glance*

  * Forum agenda is not final and subject to further revisions

  • Singapore and the Pathway to Becoming a Regional Debt Restructuring Hub: Progress and Potentials
  • Safeguarding Creditor’s Debt Enforcement Rights to Ensure Successful Asset Recovery Efforts
  • Getting through Indonesia’s Debt Restructuring – Tips and Best Practices
  • Strategic Planning for a Successful Cross-Border Debt Restructuring
  • Early Birds Get the Worm – Essential Negotiation Strategies Between Debtors and Creditors Before Court Proceedings
  • The Art of Successful Turnaround – Navigating Divergent Interests, Recovering and Transforming Post Restructuring
  • Rescue and Distress Financing – Seizing Opportunities for Lenders and White Knights
  • Special Situations, Stressed and Distressed Investing Opportunities in Asia – Translating Legal Differences into Opportunities  

Interested to speak on any of the above topics?

Contact Bella Lai at bella.lai@thomsonreuters.com or call +65 6318 4877


Programme Agenda

  * Forum agenda is not final and subject to further revisions

Timing

AGENDA

8.30am

Registration 

9.00am

Welcoming Remarks by the Conference Chairperson

9.10am

Panel: Safeguarding Creditor’s Debt Enforcement Rights to Ensure Successful Asset Recovery Efforts

  • Given the adoption of a debtor-friendly moratorium, will creditor’s rights be frozen? How will creditors be protected? How will court proceedings be changed?
  • What should the creditors do in a Debtor-in-possession (DIP) restructuring? 
  • Establishing a collaborative ecosystem among forensics professionals, insolvency practitioners, and lawyers to achieve a successful recovery
  • Enforcing asset tracing and recovery in local and cross-border cases
    o    Discussing rcent successful debt restructuring and transformation cases
    o    Practical strategies that work

Speakers

  • Tham Wei Chern, Director, Fullerton Law Chambers LLC 
  • Akihito Watanabe, Managing Director, Pierfront Capital

Partnered With

10.00am 

Panel: Getting through Indonesia’s Debt Restructuring – Tips and Best Practices 

  • Assessing the restructuring procedure in Indonesia – How to capitalise on its creditor-friendly features? 
  • What are the usual rescue procedures and restructuring options? 
  • What are the ranking priorities for different types of creditors on a debtor's insolvency? 
  • Exploring informal and formal work-outs mechanisms to secure unpaid debts 
  • Proposed reforms to the PKPU – how will they affect the lenders? 
  • Overcoming enforcement challenges in Indonesia’s debt restructuring 

Speakers

  • Rafles Siregar, Managing Partner, Siregar Setiawan Manalu Partnership (SSMP)
  • Manalu Bobby, Partner, Siregar Setiawan Manalu Partnership (SSMP)

Partnered With

  

10.50am

Morning Break (15mins) 


11.05am

Panel: Successful Cross-Border Debt Restructuring - Navigating Divergent Interests, Recovering and Transforming Post Restructuring 

The session will deep dive into key pillars that constitute to a successful restructuring.  

  • Racing against the clock: Identify investors’ priorities; Addressing issues at hand with current key stakeholders
  • Pursuing suitable debt restructuring strategies that lifts the company’s valuation: cash management, debt-for-equity swap, bondholder haircuts, and informal agreements 
  • Achieving an ecosystem of collaboration with creditors, debtors, advisors, and regulators
  • Staying wise with disclosure requirement - to which extent to share with public to avoid jeopardising the distressed company     
  • Achieving recognition for a favourable foreign choice of law

Speakers

  • Mark O’Reilly, Director, Borrelli Walsh
  • Jacqueline Rachelle Yee, Managing Director, Macallan Capital
  • Angelina Bopp, Head of Restructuring and Risk, ASEAN, Standard Chartered Bank

Partnered With

11:55am

Networking Lunch Break

12.55pm

Reserved Panel: Intralinks Asia Pacific 

Speaker

Christophe Montane, Senior Vice President, APAC Sales, Intralinks 

Partnered With

Intralinks

1.45pm

Panel: Rescue and Distress Financing – Seizing Opportunities for Lenders and White Knights

  • DIP financing and its impacts on new and existing lenders, regarding payment priorities, and adequate protection
  • Does Asia lack the number of buyers and lenders in distress situation?  How is the market appetite from the alternative non-bank lenders? 
  • Harnessing the transparency of information to level the playing field
  • Assessing the risk-reward matrix in a distressed scenario to decide an optimal lending package 
  • Getting through the deal: how to negotiate, and bridge the gaps of valuations 
  • Securing lender’ rights, obligations, compliance duties, and yield potentials
  • Debtor’s contract breaching and lender’s enforcement rights

Speakers

  • David Chew, Partner, DHC Capital
  • Justin Ferrier, Managing Director, Asian Private Credit, Blackrock
  • Heng Cheam, MD, Strategic Investment Group, Deutsche Ban

2.30pm

Panel: Special Situations, Stressed and Distressed Investing Opportunities in Asia 

In a lower-return investment market, investors hunting for yield, are proactively looking for high-yield bonds, and distressed investment to complement their portfolio. This situation, coupled with the rising number of corporate debt and non-performing loan (NPL) sectors, cultivate the investors’ appetite in the region’s debt market. 

  • Distressed investing opportunities in Asia – Trends and outlook
  • Comparisons of regional restructuring and insolvency regimes – what are the favourable jurisdictions for investors? (India, China, Singapore, and Indonesia)
  • Safeguarding the risk of the debtor’s company going bankrupt 
  • Which industries are most vulnerable to near distress and distress situation? 
  • How to objectively assess the turnaround chances of the company?
  • A practical guide to buying distressed assets in Asia: Overcoming common challenges when investing in overseas distressed assets

Speakers

  • Vaibhav Totla, Managing Director, Head - Special Situations Group, CLSA Capital Partners
  • Vaibhav Chadha, Managing Director, Cantor Fitzgerald
  • Kurkye Wong, Vice President, Argyle Street Management

3.15pm

Closing Remarks from the Conference Chairperson

3.20pm

End of ALB Virtual Cross-Border Debt Restructuring Forum 2020

 

Confirmed Speakers 

  • Tham Wei Chern, Director, Fullerton Law Chambers LLC
  • Christophe Montane, Senior Vice President, APAC Sales, Intralinks
  • Mark O’Reilly, Director, Borrelli Walsh 
  • Angelina Bopp, Head of Restructuring, ASEAN, Standard Chartered Bank
  • Heng Cheam, Managing Director, Strategic Investment Group, Asia, Deutsche Bank AG, Singapore
  • Justin Ferrier, Managing Director, Asian Private Credit, Blackrock
  • Akihito Watanabe, Managing Director, Pierfront Capital
  • Vaibhav Totla, Managing Director, Head - Special Situations Group, CLSA Capital Partners
  • Nien Rafles Siregar, Managing Partner, Siregar Setiawan Manalu Partnership (SSMP)
  • David Chew, Partner, DHC Capital 
  • Vaibhav Chadha, Managing Director, Head of Asia Distressed Debt & Special Situations, Cantor Fitzgerald
  • Jacqueline Rachelle Yee, Managing Director, Macallan Capital
  • Bobby Rahman ManaluPartner, Siregar Setiawan Manalu Partnership (SSMP)
  • Kurkye Wong, Executive Director, Argyle Street Management
  • And more to be announced!


Details of participating speakers will be updated shortly. 



For speaking details, please contact Bella at bella.lai@thomsonreuters.com


 Speakers / Panelists 

Wei Chern Tham

Tham Wei Chern, Director, Fullerton Law Chambers LLC

Wei Chern’s practice covers commercial and corporate disputes, including shareholders' disputes and breaches of directors' duties, and securities-related and banking litigation. Wei Chern also handles construction disputes, insolvency matters, employment disputes and defamation claims.

Wei Chern frequently represents clients in the High Court of Singapore and the Court of Appeal. He also acts for clients in international arbitrations.

Wei Chern is a Fellow of both the Chartered Institute of Arbitrators and the Singapore Institute of Arbitrators. Wei Chern is also a member of the Admissions Committee of the Law Society.

Mark_Borrelli Walsh

Mark O’Reilly, Director, Borrelli Walsh

Mark O’Reilly is a Director based in the Singapore office with over 12 years of experience specialising in corporate insolvency and restructuring across Asia, including Singapore, Australia, Indonesia, India, PRC and various offshore jurisdictions.

Mark has led numerous corporate insolvency assignments including but not limited to Creditors’ Voluntary Liquidations, Compulsory Liquidations, Receiverships and Schemes of Arrangement.

Mark has also led various restructuring engagements, acting for both debtors and creditors, with a focus on business reviews, debt restructuring/refinancing negotiations, asset divestments and operational stabilisation across a broad range of industries including shipping, offshore, property, mining/mining services, and financial services.

Mark is identified as a leading advisor in Who’s Who Legal: Restructuring & Insolvency Advisors (non-legal) in 2019. 

Justin_Blackrock

Justin Ferrier, Managing Director, Asian Private Credit, Blackrock

Justin has over 25 years' experience in the finance industry, with the last 16 years in private lending and special situation investments in Asia. Prior to joining BlackRock, Justin founded Myo Capital which focused on investing in private lending and special situation investments. Prior to that he was a Director at ADM Capital and a member of the firm’s investment committee.

 

Heng Cheam_DB

 

Heng Cheam, Managing Director, Strategic Investment Group, Asia, Deutsche Bank AG, Singapore 

Heng CHEAM leads the private credit origination and trading at Strategic Investment Group (SIG), Deutsche Bank. He is responsible for originating and executing investment opportunities as well as loan portfolios across Asia. Heng is on the Supervisory Board of Huarong Rongde Asset Management. Prior to joining SIG in 2008, Heng worked on credit proprietary desk at BAML and in investment banking at Lehman Brothers in London and New York respectively. 

Akihito_Pierfront Capital

Akihito Watanabe, Managing Director, Pierfront Capital

Aki joined Pierfront Capital in 2019 and is actively involved in the origination, structuring, negotiating and monitoring of transactions at the firm, with a core focus on real estate. He has over 15 years of experience in the Asia-Pacific real estate sector, including deal origination, investments and financings throughout the capital structure.

Prior to Pierfront Capital, he served for ten years as a Managing Director focusing on Asia real estate investments for Varde Partners, a global credit investment fund. He was previously with Lehman Brothers in the Global Real Estate Group focusing on the provision of corporate advisory services to real estate related companies and real estate secured debt investments.

Christohe Montane_Intralinks

Christophe Montane, Senior Vice President, APAC Sales, Intralinks 

Christophe joined Intralinks in 2019 as SVP, APAC Sales. Christophe’s mission is to lead the sales and marketing organization to a journey of innovation and continued growth to become the leading technology enabler for strategic transactions.
Previously, Christophe led the APAC Financial Service Sales Organization of FujiXerox Global Services, based in Singapore. He has two decades of experience in the technology and outsourcing sectors providing thought leadership and execution capability required for key large clients in their digital transformation programs. His expertise extends to managing sales and marketing teams, outsourcing organizations, technology programs and go-to-market strategies. Christophe has a marketing and finance degree from Bordeaux Business Management School.

Connect with Christophe here

Vaibhav Totla - CLSA

Vaibhav Totla, Managing Director, Head- Special Situations Group, CLSA Capital Partners

Vaibhav Totla is currently the Managing Director and Head of the Special Situations Strategy at CLSA Capital Partners. He brings 15 years of experience, most of which were spent in the  Asian credit and special situations space. Vaibhav has spent many years investing in eth special situations/ distressed debt space in markets like India, Australia, Singapore/ SE Asia and Indonesia.

Before CLSA, Vaibhav was with the Noble Group from 2014-2017 where he was a part of a team focussed on developing a special situations investing business focused on the commodities sector.

Prior to his tenure at Noble, Vaibhav was the Head of Research for Asia ex-Japan for the BAML Special Situations team during the 2008-2014 period. Vaibhav led the research and analytics efforts for the Asia Ex-Japan transactions and was also responsible for the India businesses. 

Nien Rafles Siregar, managing partner, SSMP

Nien Rafles SiregarManaging Partner, Siregar Setiawan Manalu Partnership (SSMP)

Nien Rafles Siregar is managing partner of SSMP.

His practice focuses on complex bankruptcy and restructuring issues as well as business and employment litigations.

Prior to establishing SSMP, Nien Rafles Siregar was a former partner of a prestigious litigation law firm in Indonesia.

David Chew - DHC Capital

David Chew, Partner and Founder, DHC Capital

David has over 22 years of experience in restructuring, turnaround and special situations having worked as an advisor with Ernst & Young and Arthur Andersen, investment banker with Morgan Stanley, in senior management as a CRO, CFO and interim CFO and Board member to distressed companies.

David has worked with and advised private and publicly listed corporates, bank creditors, bond holders, alternative capital providers and distressed investors across the full range of the restructuring transaction cycle, including crisis stabilisation, business and strategic reviews, strategic option analysis including planning and implementing in and out of Court solutions, operational restructuring and turnaround, debt restructuring and schemes of arrangement, liquidity management initiatives, distressed M&A, rescue financing, refinancing and recapitalisations. He also specialises in advising corporates requiring urgent financing during periods of market and sector specific dislocation or financial stress.

Manalu Bobby, Partner, Siregar Setiawan Manalu Partnership (SSMP)

Bobby Rahman ManaluPartner, Siregar Setiawan Manalu Partnership (SSMP)

Bobby Rahman Manalu is a partner of SSMP.

His practice focuses on complex commercial issues as well as competition, aviation and bankruptcy litigations.

Prior to establishing SSMP, Bobby Rahman Manalu was a former partner of a reputable litigation law firm in Indonesia.

Kurkye Wong - ASM HK

Kurkye Wong, Executive Director, Argyle Street Management Limited (“ASM”) 

Kurkye is the Executive Director at Argyle Street Management Limited (“ASM”), a hedge fund manager founded in 2002 in Hong Kong. Kurkye has extensive experience in litigation funding, forensic accounting and litigation settlement. He has previously worked at FTI Consulting in Hong Kong. He holds a Special Qualification in Insolvency and is a fellow member of the HKICPA. He holds a Bachelor of Business from the Queensland University of Technology, a Juris Doctor from the Chinese University of Hong Kong and obtained a certificate in a Master’s Degree in Financial Engineering from the Stanford University.

Jacqueline Rachelle Yee, Managing Director, Macallan Capital

Jacqueline Rachelle Yee, Managing Director, Macallan Capital 

Connect with Jacqueline here

 

 

 

Anngelina_StandChart

Angelina Bopp, Head of Restructuring, ASEAN, Standard Chartered Bank

Connect with Angelina here 

Angelina is a qualified solicitor and experienced credit risk professional with 20 years’ experience in corporate, commercial, investment banking and private equity structures. She is a restructuring and insolvency expert, helping to identify and implement turnaround and recovery strategies for stressed and distressed trading businesses and investment vehicles through varied economic cycles across a broad range of industry sectors, in UK, Europe, ASEAN and Australia.

She has management level people responsibilities covering global, regional and matrix reporting lines. She leads direct and remote customer facing work-out teams who are responsible for helping performing and underachieving businesses stabilise and grow or, where this is not possible, to identify and implement fair and effective capital mitigation or recovery strategies. She has a proven track record in successfully leading large change initiatives across different bank divisions in both financial services institutions she has worked at.

Thought leadership contributions include a chapter in Global Insolvency and Bankruptcy Practice for Sustainable Economic Development (Palgrave, Macmillan 2016), as well as speaker engagements in London, Amsterdam and Hong Kong. 

Vaibhav_Cantor

Vaibhav Chadha, Managing Director, Head of Asia Distressed Debt & Special Situations, Cantor Fitzgerald 

Connect with Vaibhav here

Distressed loan sourcer/trader; India distressed debt specialist; Special sit investing; secondary loan trading 

DATE
Thursday, 3 September 2020

TIME
9:00AM 

VENUE
Singapore

 


Delegate Pricing

Law Firms/Service Providers/Consultants USD250.00
Inhouse/General Counsel/Compliance USD150.00
Financial Institutions/ Capital providers   USD150.00
Accountants/ Auditors      USD150.00
Government/NGO/Academia    USD150.00

What is included in the Conference Pass?
 
     ✓ Access to all  the sessions at the conference
     ✓ Engage with the speakers and audience via Q&A, live surveys, or polling 
     ✓ Access to the event's exclusive private LinkedIn group to stay in touch with the participants after the event


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Phone: ​(+65) ​6870 ​3917 
Email: ​amantha.chia@thomsonreuters.com 

 

 

CONTACT US 

 

Speaking and Program Enquiries
Bella Lai
bella.lai@thomsonreuters.com
 (+65) 6318 4877
 
 
Sponsorship Opportunities 
Amantha Chia
(+65) 6870 3917
 
 
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Romulus Tham
romulus.tham@thomsonreuters.com
 (+65) 6870 3575
 
 

 


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