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DTSTAMP:20260422T020002Z
DTSTART:20221101T151500Z
DTEND:20221101T163000Z
SUMMARY:Debt recovery and corporates' restructuring schemes: are creditor
 s worse-off than they used to be?
DESCRIPTION:Influenced by the recommendations of the IMF\, the World Bank
  and other similar institutions\, lawmakers are progressively introducin
 g various types of restructuring schemes aimed at assisting distressed b
 usinesses to restructure their assets and liabilities in order to restor
 e long-term economic viability and avoid bankruptcy. Concepts such as “b
 est-of-creditors’ interest test” or “absolute/relative priority rule” ar
 e paramount to define each legal scheme and assess whether or not credit
 ors’ expected recovery ratios should be enhanced following the introduct
 ion of the schemes\, the scope of protection offered to secured or prefe
 rred creditors\, the chances of hold-out creditors blocking the restruct
 uring\, etc. The session intends to provide a roadmap to lawyers advisin
 g banks and other professional creditors on the intricacies of some mode
 l restructuring schemes.
LOCATION:Room 233\, Level 2
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