SSEK’s Michael Carl to Speak at Webinar on Restructuring & Security Enforcement of Debts

Michael S. Carl, a senior foreign counsel at SSEK, will speak at an upcoming webinar on Restructuring and Security Enforcement of Debts in the commodities sector.

Background

With a severe liquidity crunch affecting the commodities market, lenders and trade counterparts are increasingly concerned over issues relating to trade documentation, payment defaults and how to enforce security or seek recovery of debts.

This collaborative webinar will cover Singapore, Switzerland, China and Indonesia, with experienced lawyers from all four jurisdictions.

Speakers will discuss how business operates during a moratorium and offer practical steps a creditor can take before and during court proceedings. Discussion points will include:

• Pre-Default: Understanding your security documents and verifying BLs
• Pre-Default: Charges vs. Pledges
• Default: Considerations in obtaining payment/ security upon default
• Default: When to consider restructuring
• Recovery: Identifying, tracing and attaching assets
• Restructuring: Dos and Don'ts in a restructuring process

This webinar is organized by BlackStone & Gold, a specialist energy and commodities law firm in Singapore specializing in international trade.