Coverage

GRR Live Singapore - in pictures

GRR Live Singapore - in pictures

09 March 2018

GRR hosted its inaugural Live event in Singapore on 7 March, where speakers assessed the progress so far of the city-state’s ambitious plans to become an international debt restructuring hub. Photos from the event inside.

GRR Live Singapore: A new era?

GRR Live Singapore - full room

09 March 2018

With last year’s amendments to Singapore’s Companies Law now bedding down, the first-ever GRR Live in the city-state heard from practitioners on the front line about who they thought had been the winners – and losers – so far following the adoption of the UNCITRAL Model Law, worldwide moratoria for schemes of arrangement, and other flagship changes.

Chairs

David Zemans

Milbank, Tweed, Hadley & McCloy

David H. Zemans is the Managing Partner of the firm's Singapore office and Milbank’s Asia Practice and a member of the firm's Global Executive Committee.  David has been based in Singapore since 1997 and has extensive experience advising clients on many of the largest and most complex cross-border restructurings to have been successfully completed in Asia. 

Jacqueline Chan

Milbank, Tweed, Hadley & McCloy

Jacqueline Chan is a partner in Milbank’s Singapore office and was previously resident in the firm's Hong Kong office.  A recognized leader in her field, Jacqueline regularly represents many of the largest private equity and sovereign wealth funds, corporations, investment banks and financial institutions on complex restructurings, international M&A leveraged and acquisition finance transactions across the globe.

Keynote Speaker

Justice Aedit Abdullah

Supreme Court of Singapore

Speakers

Look Chan Ho

Des Voeux Chambers

Beng Chye Chua

Rajah & Tann

Robert Foote

Walkers

Ashok Kumar

BlackOak

Smitha Menon

WongPartnership

Sushil Nair

Drew & Napier

Edwin Tong SC

Allen & Gledhill

Programme

13.30: Registration and networking lunch kindly hosted by Milbank, Tweed, Hadley & McCloy

14.30: Chairs’ opening remarks

David Zemans, Milbank, Tweed, Hadley & McCloy
Jacqueline Chan, Milbank, Tweed, Hadley & McCloy

14.40: Keynote speech

Justice Aedit Abdullah, Supreme Court of Singapore 

15.10: Session one: Can Singapore be a substantial international centre for debt restructuring?

Leading names will debate whether Singapore has the right framework to be a successful restructuring centre, in GRR’s trademark conversation style.

Questions they’re expected to discuss include: 

  • To what extent, if any, does the UNCITRAL Model Law assist with the divergence in common law approaches?
  • Is the simplest solution simply to wait for the new Model Law on recognising insolvency judgments? 
  • What about the jurisdictions that are unlikely to be party to such a UNCITRAL Model Law, for example Indonesia, China and India?
  • Should foreign courts that take jurisdiction to administer a cross-border restructuring give thought – in deciding jurisdiction– to whether their sanctioned scheme will be usable in the debtor’s home country or the countries where the other creditors are? Or should Singapore just be like the US and not care what happens post the restructuring process?

Moderator:
David Zemans, Milbank, Tweed, Hadley & McCloy

Panel:
Look Chan Ho, Des Voeux Chambers
Beng Chye Chua, Rajah & Tann 
Robert Foote, Walkers
Smitha Menon, WongPartnership 

16.25: Coffee break

16.55: Session two: The GRR Live Question Time 

A unique session of free-flowing discussion, in the style of Question Time on the BBC. Audience members will submit questions in advance, which will be discussed by a panel of leading names, with the audience asked to join in after. It offers an excellent chance to check one's own approach against that of peers.

Moderator:
Jacqueline Chan, Milbank, Tweed, Hadley & McCloy

Panel:
Ashok Kumar, BlackOak 
Sushil Nair, Drew & Napier 
Edwin Tong, SC., Allen & Gledhill

18.00: Chairs’ closing remarks

David Zemans, Milbank
Jacqueline Chan, Milbank

18.10: Close of conference

Venue

Maxwell Chambers, 32 Maxwell Rd, Singapore 069115

PRICES

 

Private practitioner
Type Price
Standard £300

 

In-house/governmental
Type Price
Standard Complimentary