Coverage

GRR Live Hong Kong: Harris J on mutual recognition and pushback on Singapore moratoria

08 November 2018

Mr Justice Jonathan Harris, the judge in charge of Hong Kong’s company law and insolvency law cases, used his keynote at GRR Live to call for a mutual recognition protocol for insolvency orders between mainland Chinese courts and their Hong Kong counterparts, and to raise scepticism over the cross-border moratorium provisions in Singapore’s recent restructuring reforms – the subject of his recent decision in CW Technologies.

Chairs

Look-Chan Ho

Des Voeux Chambers

Look-Chan Ho is admitted to practise in New York, England and Wales, and Hong Kong. He is well-known for his high level of legal expertise and is a renowned expert in cross-border restructuring and insolvency. He has represented debtors, creditors, insolvency practitioners and distressed investors.

Aisling Dwyer

Maples and Calder

A barrister by training, Aisling Dwyer specialises in complex, high value, international cross border litigation and acts in some of Asia's largest offshore corporate, insolvency/restructuring and shareholder disputes.  She is an expert in contentious matters in both the Cayman Islands and the British Virgin Islands, and has a particular interest in take privates, statutory mergers, contentious valuations and schemes of arrangement. 

Keynote Speakers

Justice Jonathan Harris

The High Court, Hong Kong

Dinny McMahon

Author and Fellow, The Paulson Institute

Dinny McMahon spent ten years as a financial journalist in China, including six years in Beijing at The Wall Street Journal, and four years with Dow Jones Newswires in Shanghai, where he also contributed to the Far Eastern Economic Review. In 2015, he left China and The Wall Street Journal to take up a fellowship at the Woodrow Wilson International Center for Scholars, a think tank in Washington DC, where he wrote China's Great Wall of Debt – Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle. Dinny is an Australian who currently lives in Chicago, where he works at MacroPolo, a think tank at the Paulson Institute. Dinny currently writes in depth about how China is attempting to overhaul its financial system.

Speakers

Joanne Collett

Walkers

Howard Lam

Latham & Watkins

Ted Osborn

PwC

Manoj Pillay Sandrasegara

WongPartnership

Nick Stern

Freshfields Bruckhaus Deringer

Fang Wang

Judge, Company Liquidation and Bankruptcy Department, Shenzhen Intermediate People’s Court

Lingqi Wang

Fangda Partners

Programme

12.30: Welcome coffee and registration

12.45: Networking lunch

14.00: Chairs’ opening remarks

Look-Chan Ho, Des Voeux Chambers
Aisling Dwyer, Maples and Calder

14.05: First keynote speech

Justice Jonathan Harris, The High Court, Hong Kong

14.35: Second keynote speech

Dinny McMahon, Author and Fellow, The Paulson Institute

15.05: Coffee and dessert

15.35 Session one: Restructuring in the PRC - the view on the ground

The People’s Republic of China has taken big strides towards a comprehensive corporate bankruptcy regime. This began over 10 years ago, with the Enterprise Bankruptcy Law – enacted just before the global economic crisis. In light of the PRC Government's deleveraging efforts and economic restructuring efforts, the panel are expected to discuss such questions as:

  • What are the motivations and intentions behind PRC restructuring law given recent developments in the law and practice?
  • What are the challenges of restructuring within mainland China and how can practitioners combat those obstacles?
  • What do practitioners need to know to get ahead of the curve when it comes to restructuring and insolvency matters in the PRC?

Moderators:
Look-Chan Ho, Des Voeux Chambers
Aisling Dwyer, Maples and Calder

Panel:

Fang Wang, Judge, Company Liquidation and Bankruptcy Department, Shenzhen Intermediate People’s Court
Lingqi Wang, Fangda Partners
Ted Osborn, PwC

16.30: Session two: Restructuring in the PRC - looking from the outside in

International restructurings with a PRC dimension bring their own set of challenges. For international practitioners, having knowledge of mainland Chinese practices – both at corporate and courtroom level – is just as important as having a strong awareness of cross-border restructuring and bankruptcy law. The panel are expected to discuss such questions as:

  • What have their experiences of cross-border insolvencies and restructurings taught them about managing future cases?
  • How best to handle the assets, operations and/or management of restructurings in the PRC?
  • How viable are parallel or complementary proceedings before the PRC courts, and what benefits do they bring?
  • How can international firms and businesses best equip themselves to tackle restructuring and bankruptcy cases with a PRC element?

Moderators:
Look-Chan Ho, Des Voeux Chambers
Aisling Dwyer, Maples and Calder

Panel:
Joanne Collett, Walkers
Howard Lam, Latham & Watkins
Manoj Pillay Sandrasegara, WongPartnership
Nick Stern, Freshfields Bruckhaus Deringer

17.25: Chairs’ closing remarks

Look-Chan HoDes Voeux Chambers
Aisling Dwyer, Maples and Calder

17.30 onwards: All delegates are invited to attend a drinks reception kindly hosted by Des Voeux Chambers

Venue

Townhouse, 23/F, California Tower, Lan Kwai Fong, 32 D'Aguilar St, Central, Hong Kong

Private Practitioner
Type Price Until
Early £150 26 Oct 2018
Standard £300 6 Nov 2018

 

In-house/Governmental
Complimentary In-house/Governmental registration available