Free CPD Seminar: “Corporate Rescue Laws: Where should we head to?”

Mr. John Leung, Deputy Secretary for Financial Services and the Treasury, will give us a thorough Review of Corporate Rescue Procedure Legislative Proposals based on the following area:
1) Background
2) Existing options for companies to restructure debts
3) Proposed corporate rescue procedure- Key points on “provisional supervision”
4) Principles of the review
5) Why not adopt US Bankruptcy Code “Chapter 11”?
6) What companies will use provision supervision?
7) Comparison between the Companies (Corporate Rescue) Bill 2001 and the proposals in the Consultation Paper
- Employees' outstanding entitlements
- Insolvent trading
- Qualification, remuneration and appointment of provisional supervisor
- Other procedural or technical amendments
- Way forward
Mr. Wilfred Wu, Principal of BDO, will look into the following subjects with us:
1) Corporate rescue in Hong Kong - A maneuver cannot be omitted or unnecessary due to cultural difference?
2) Reflections from experiences in personal bankruptcy reform in Hong Kong
3) Issues to be resolved and consulted
4) Implications to society and professionals
Event Details
Speakers: Mr. John Leung, Deputy Secretary for Financial Services and the Treasury
Mr. Wilfred Wu, Principal, BDO
Date : 7 January 2010 (Thursday)
Time : 7:00pm - 8:45pm
Venue : Auditorium, Duke of Windsor Social Service Building, 15 Hennessy Road, Wanchai, Hong Kong
Language : Cantonese
CPD credit : 1.5 hours
Charge : Waived
Those who are interested in the seminar please fill in the online form. You can check the enrolment status at the web site by entering your membership number.
Confirmation to successful applicants will be issued two business days before the event by email. Please bring along the confirmation email for registration.
CPD Certificates will be issued for participants who attended the full session.
** An interflow session is to be held for soliciting your views and observations during the seminar.
The seminar is full. No further enrolment will be accepted. Thank you for your support.




