SSEK’s Michael Carl to Speak at Webinar on Restructuring Indonesian Companies

Michael S. Carl, a foreign legal advisor at SSEK, is a scheduled speaker at an upcoming webinar, Utilising Singapore (and Other Offshore Jurisdictions) to Restructure Indonesian Companies.

The webinar is scheduled for Monday, March 29. It is organized by INSOL International and the Asian Business Law Institute.

Event Overview

Singapore is emerging as the jurisdiction of choice for Indonesian companies looking to restructure their debts, utilizing Singapore's Insolvency, Restructuring and Dissolution Act. However, concerns exist as to how effective Singapore is for Indonesian restructurings. Why are Indonesian companies looking to restructure in Singapore? In which situations does a Singapore restructuring work well (or not at all)? What are the alternatives to using Singapore?

This webinar will look at some of these questions with experts who work on the ground in Indonesia and Singapore. It will include discussion of:

• Singapore as the centre of fundraising activities for Indonesian companies
• PKPU proceedings (Indonesia's restructuring regime)
• Singapore's Insolvency, Restructuring and Dissolution Act
• Interaction between Indonesian and Singaporean proceedings
• First-hand accounts from practitioners active in the restructuring of Indonesian companies

About INSOL International

INSOL International is a global federation of national associations of accountants and lawyers who specialise in turnaround and insolvency.

INSOL International's vision is to be the global association for restructuring and insolvency professionals operating in every country.

About Asian Business Law Institute

The Asian Business Law Institute (ABLI) is a permanent institute based in Singapore that initiates, conducts and facilitates research with a view to providing practical guidance in the field of Asian legal development and promoting the convergence of Asian business law.