Home  >   Events  >   10th Nexia Turnaround Restructuring Insolvency (TRI) Conference

10th Nexia Turnaround Restructuring Insolvency (TRI) Conference

Date:    24 June 2019, Monday
Time:    9:00am to 5:00pm (Registration starts at 8:30am)
Venue:
 Royal Plaza on Scotts Singapore, 25 Scotts Road, Singapore 228220, Balmoral Room




ABOUT 10TH NEXIA TURNAROUND RESTRUCTURING INSOLVENCY (TRI) CONFERENCE

Following the introduction of new omnibus legislation that consolidates the personal and corporate insolvency and debt restructuring laws in Singapore, the 10th Nexia TRI Conference 2019, hosted by Nexia TS, a member firm of Nexia International, aims to equip its participants with a holistic overview of doing business in Singapore.

With a strong line-up of speakers in the legal and corporate arenas, the conference looks at global and regional economic trends, regulatory updates, new legislative framework, and the climate of global restructuring landscape. Importantly, with Singapore opening its doors, it increases cross-border opportunities to allow debt restructuring in light of the relative ease and establish a substantial connection for foreign companies and financial creditors here and beyond. Join us, as our speakers dive deep into the current and future opportunities Singapore has to offer in view of the riding success as a global financial centre.

This conference is jointly brought to you by Nexia International, Smith & Williamson and Nexia TS.

ABOUT TURNAROUND RESTRUCTURING INSOLVENCY (TRI)

Nexia’s TRI group was founded in 2012 to bring together financial, operational and legal expertise from across the global network of Nexia independent member firms to support global clients, international businesses and their advisers in times of operational challenges and/or financial distress.

The group is now an established international network of TRI specialists, from Nexia member firms. They are able to provide advice and added value service offerings to local and global clients and support the offering of Nexia member firms across the network.

Find out more about TRI

 

Sponsored by:

Organised by:

 

Fee
$90 Per Pax for Clients/ Business Associates (subject to GST)
$120 Per Pax for Public (subject to GST)

CPE Hours
-

Contact Information
Nicholas Liao
nicholasliao@nexiats.com.sg
(65) 6534 5700 ext 795

Time
Topic
08:30
Registration & Coffee
09:00
Welcome Address
- Henry Tan, Group CEO & Chief Innovation Officer, Nexia TS
Opening Remarks - Presentation on TRI
- Greg Palfrey, TRI Chairman, National Head of Restructuring and Recovery, Smith & Williamson
Keynote - Reforms to Singapore’s Legislative Framework in Insolvency and Debt Restructuring
- Gregory Vijayendran, President, The Law Society of Singapore
Asia Business & Economic Outlook
- Justin Doebele, Executive Director, Forbes Asia, Singapore
The Insolvency Restructuring and Dissolution Act – Key Changes to Singapore's Insolvency Laws
- Sim Kwan Kiat, Head of Restructuring & Insolvency Practice, Rajah & Tann
Third Party Releases in Schemes of Arrangement
- Suresh Nair, Managing Director, Nair & Co LLP
10.40
Coffee Break
Restructuring Through the Lens of a CFO
- Steve Settle, Managing Director, Asia, The CFO Centre
Restructuring Landscape Locally/Globally
- Nandakumar Renganathan, Partner & Deputy Head of Practice, Litigation, Dispute and Resolution, RHTLaw Taylor Wessing
Singapore as leading International Financial Centre and International Debt Restructuring Hub – Is it possible to concurrently achieve both? – A lawyer’s perspective
- Andrew Chan, Partner, Allen & Gledhill
Case Studies on International and Cross-border Restructuring
- Mark Ford, Director, Restructuring Recovery Services, Smith & Williamson
Insolvency Regime in China
- Chan Yee Hong, Director, Financial Advisory, Insolvency & Restructuring, Nexia TS
12:30
Networking Lunch
Singapore's New Restructuring Framework and Its Implications
- Joel Chng, Partner, Wong Partnership
Cross Border Restructuring and Insolvency in Norske Skogindustrier ASA
- Tom Hugo Ottesen, Kvale Advokatfirma DA
Financial Crime in the Modern Environment
Scott White, i2 Worldwide Fraud Leader, IBM
14:45
Coffee Break
The Need for Data Literacy in the Area of Financial Intelligence
Allan Smith, Value Creation Coach, Qlik
Round Table - The Global Opportunities & Challenges in Cross-border Restructuring
- Mark Craggs, Partner, Norton Rose Fulbright
- Jeff Manning, Managing Director, Cohnreznick Capital
- Jan Groß, Partner, Ebner Stolz
16:30
Closing Remarks
- Chan Yee Hong, Director, Financial Advisory, Insolvency & Restructuring, Nexia TS

Speaker Profiles


Sarang Rajan
Asia Pacific Leader for Cyber Threat Hunting and Financial Crimes
IBM

Sarang has 20 years of rich experience in the IT consulting services and has spent over 12 years with IBM across multiple roles in different geographies in Asia Pacific. Today, Sarang is the IBM Asia Pacific Leader for Cyber Threat Hunting and Financial Crimes.

Sarang has been closely associated with various agencies under the Min of Home in India and Min of Defense. He works closely with the Law Enforcement agencies in countering various crimes and also assists few enterprises in countering Cyber Threats and Frauds in their environment. He also conducts guest sessions at Forensic Sciences University in Gandhinagar and has always assisted clients in addressing their live fraud/cyber related cases.


Gregory Vijayendran
President
The Law Society of Singapore

Gregory has considerable experience and expertise in various spheres of civil and commercial litigation and arbitration and dispute resolution. His present practice encompasses a specialisation in banking and corporate insolvency and a broader dispute resolution covering company and shareholder disputes, contract, tenancy and land law disputes, employment law, defamation, negligence, contentious probate and other tort claims. He is also a recognised expert in charities governance. He currently serves as the President of The Law Society of Singapore.


Justin Doebele
Executive Director
Forbes Asia, Singapore

Justin Doebele is one of the most experienced Forbes executives in Asia. He is currently the Executive Director at Forbes Asia, based in Singapore from July 2018. Before that he managed and edited Forbes Indonesia from its launch in 2010.

At Forbes Indonesia, he has led the team in creating one of the most successful business publications in the country, as well as launching ForbesLife Indonesia in 2014, now one of the most successful lifestyle media brands in the country. Before relocating to Jakarta, he was with Forbes in Singapore, where he set up the Singapore bureau for Forbes Global, and launched and managed the noted Asia Rich Lists for Forbes. He also played a major role in the launching of Forbes India, and worked closely with Forbes partners in China, Japan, Korea, Mongolia and Thailand. He has a BA from Harvard and MS in Journalism from Columbia University.

He is the former president of the Jakarta Foreign Correspondents Club, the former Vice President of the Foreign Correspondents Association of Singapore, and a lifetime member of both the Singapore Press Club and the N.Y.-based Council on Foreign Relations.


Sim Kwan Kiat
Partner
Rajah & Tann Singapore LLP

Kwan Kiat currently heads the firm’s Restructuring & Insolvency practice group, which is the largest dedicated legal practice in the country dealing with corporate insolvencies, business advisory, workouts and debt restructurings, and enforcement of creditors’ rights.

He is cited and recognised in the field of restructuring and insolvency in Chambers Asia Pacific, The Legal 500Asia Pacific, IFLR 1000, Asialaw Leading Lawyers, and Best Lawyers.

Called to both the Singapore and New York bar, Kwan Kiat’s practice comprises both disputes and advisory work. He has advised and acted for local and foreign banks and accounting firms in both domestic and cross-border disputes. He has also advised and acted for banks and accounting firms in various banking disputes, liquidations, receiverships and judicial management of both local and foreign companies.

Kwan Kiat lectures regularly on topics relating to insolvency law and restructuring, and is the Deputy Subject Coordinator for insolvency law and practice for candidates training to be called to the Singapore bar.


Suresh Nair
Managing Director
Nair & Co LLP

Suresh graduated from the National University of Singapore with an LLB (Hons) degree in 1993 and spent most of his first 23 years at Allen & Gledhill, the United Nations Compensation Commission and Straits Law Practice LLC, before establishing Nair & Co LLC as a disputes and insolvency/restructuring boutique in October 2017.

Suresh’s main areas of practice are corporate and commercial litigation, international arbitration, banking, insolvency & restructuring, and employment related disputes.

Suresh has also been admitted to the rolls of solicitors of the Supreme Court of England and Wales. He serves as an advocacy trainer for advocates and solicitors doing the Singapore Bar Examination. He also serves as a Racing Steward with the Singapore Turf Club, as well as a Judicial Officer with the Singapore Rugby Union.

Suresh is frequently ranked in various legal publications. Asialaw Profiles 2015 said this about Suresh: “Nair’s approach and professionalism have been lauded by clients with one saying: ‘His advice is practical, to the point, and accurate.’ He is listed in Benchmark Asia Pacific 2018 and 2019 as a “Local Disputes Star” and is referred to as “among the best insolvency practitioners in Singapore. An exceptional advocate, he is razor sharp and precise and provides timely and practical advice in the most personable way possible.”


Steve Settle
Regional Director – Asia
The CFO Centre

Steve is a Fellow of the Chartered Accountants in England & Wales and a member of the Institute of Chartered Accountants in Australia. He has a Masters in Business Administration from Macquarie University and a Masters of Arts in Engineering from St. Johns College Cambridge.

He qualified with Deloitte Haskins and Sells in London before moving to Price Waterhouse in Sydney. After moving into commerce in his mid twenties, he gained extensive experience in the service sector working in radio, cinema and advertising before moving to Singapore in 2000 as the Asia Pacific CFO for Thomson Financial (now Thomson Reuters). Subsequently he was appointed CFO for the Thomson joint venture start up U21Global, an online graduate school, where he helped to grow the operation to in excess of 5,000 students in over 80 countries.

In his time as a CFO, he has always focussed on developing a close business relationship with the CEO and partnership with all the key operating units of the organization. Steve has worked in large and small companies, has held finance, information technology, human resource and operational responsibilities. Amongst other competacies, he has experience of acquisitions and disposals together with system implementation and business rationalization.

In recent years he has been specializing in personal wealth management and is currently COO/Client Partner for Jigsaw Wealth Management. He is President of the British Club in Singapore and lives with his wife Nikki and two teenage sons, Oscar and Louis.


Nandakumar Renganathan
Deputy Head of Practice Litigation, Dispute & Resolution
RHTLaw Taylor Wessing

Nandakumar Renganathan is the Deputy Head of the firm’s Litigation and Dispute Resolution Practice and one of the founding members of RHTLaw Taylor Wessing. He has been in active legal practice for about 23 years.

He is well regarded as an experienced counsel and over the years he has acted for both public listed and private limited companies in commercial claims. Claims handled by him include contractual claims, shareholder and partnership disputes, sale of goods, defamation, property disputes, medical negligence, intellectual property (trade mark and copyright) infringements, and sale and purchase of companies.

Nandakumar has advised listed companies in the restructuring and insolvency proceedings, and has acted for liquidators of companies in both contentious and non-contentious matters. He has advised and acted for management corporations in claims against subsidiary proprietors. Nandakumar also acted for several sub-contractors and main contractors in claims relating to various aspects of building construction which includes interior renovation and structural and supply claims and has bunker and cargo claims experience. He has represented clients in applications to the court for Anton Piller and Mareva injunctions.

Nandakumar is also active in charity work. He is one of the founding members of RHT Rajan Menon Foundation, which is the corporate social responsibility vehicle of RHTLaw Taylor Wessing and the RHT Group of Companies. Nandakumar was called to the bar as a barrister in England (1993) and is admitted as an Advocate and Solicitor in Singapore (1995).


Allan Smith
Data Literacy Evangelist
Qlik

Allan is a highly successful business professional with over 30 years of senior leadership and management experience across Asia Pacific and Japan. He has led large multinational businesses, as well as startups and fast moving technology companies. Allan has successfully led teams in complex B2B sales both direct and indirect across APJ.

His career has allowed him to lead organisations, departments and companies while living in Australia, Hong Kong, Korea, the US and Malaysia and he now resides in Singapore. He has also led teams responsible for Thailand, India, China and Europe.

He has in-depth experience working with Boards and senior business leadership teams across APJ.

He is a high level, high quality coach who establishes credibility with senior people quickly. His track record includes constant over achievement of business and financial targets in conjunction with impressive results of high employee engagement. Confident and articulate due to deep subject matter expertise in sales and management, he uses logic and a wealth of personal examples to illustrate key points.


Andrew Chan
Partner
Allen & Gledhill

Andrew’s practice encompasses commercial work, and he is a specialist in dispute resolution (especially arbitration), trusts, and insolvency (corporate and personal). In arbitration, he has acted as counsel, been appointed arbitrator and appointed to give expert evidence on Singapore law. He has also given expert evidence for use in foreign courts and in arbitration and has mediated insolvency disputes.

Andrew has been consistently noted as a leading restructuring and insolvency lawyer in The Legal 500 Asia Pacific, Chambers Global and Chambers Asia-Pacific, Who’s Who Legal for Insolvency and Restructuring, and IFLR1000. He has been described in Chambers Asia-Pacific for restructuring and insolvency as “extremely good” and “very well known”.

Andrew is the General Editor of the leading local practitioner’s book entitled Law & Practice of Corporate Insolvency. Andrew has also co-authored two works on personal insolvency: Butterworths Annotations of The Singapore Bankruptcy Act and Law And Practice of Bankruptcy In Singapore and Malaysia. He is also Consultant Editor of Halsbury’s Laws of Singapore volume on Insolvency.

Andrew read law at the National University of Singapore. He is fluent in English and Bahasa Malaysia. In October 2011, Andrew was presented the “Minister for Law Outstanding Volunteer Award”, the highest volunteer award for individuals given by the Ministry of Law Singapore, for providing expertise and helping shape insolvency practice in Singapore.


Mark Ford
Director
Smith & Williamson LLP

Mark is a Chartered Accountant and licenced insolvency practitioner with more than twenty years’ experience of the UK’s SME market. He specialises in corporate turnaround; restructuring and recovery and business reviews.  Mark’s main clients have been UK clearing and private client banks and has enjoyed secondments with The Royal Bank of Scotland and Clydesdale Bank’s restructuring and recovery teams.

Mark specialises in property receiverships selling, on behalf of lenders, commercial and residential properties of all values. He has also successfully sold many businesses as going concerns while acting as administrator and has dealt with many complex corporate receiverships, administrations and liquidations with particular experience in the property, hotel and healthcare sectors.

Mark is currently advising a Malaysian bank with respect to a large London hotel and, since 2017, has been the lead trustee in bankruptcy for Boris Becker, identifying and recovering assets from several jurisdictions whilst defeating Mr Becker’s attempts to claim diplomatic immunity, believed to be a UK first!


Chan Yee Hong
Director Financial Advisory, Insolvency & Restructuring
Nexia TS

Chan Yee Hong has more than 25 years of investigation and insolvency experience involving private and public companies from diverse industries.

Yee Hong has investigated into allegations of fraud, corruption, breach of fiduciary duties by directors and senior employees, breaches of The Companies Act, performed funds and asset tracing across sovereign boundaries, background checks of individuals and corporates, and quantifying losses suffered arising from fraudulent acts.

In addition, Yee Hong has handled all forms of company liquidation, judicial management, receivership, financial advisory, monitoring, special audit and debt restructuring of companies.

Yee Hong has also provided expert opinion on matters relating to shareholders’ dispute, accounting, matrimonial and Estate claims, subsidiary proprietors’ disputes over Strata Title projects, and quantification of losses, anti-competition review, and has given testimony in Court in relation to expert opinion rendered.


Joel Chng
Partner
WongPartnership LLP

Joel Chng is a Partner in the Banking & Financial Disputes Practice at WongPartnership LLP.

His main areas of practice are restructuring and insolvency, litigation and arbitration, involving banking and commercial transactions, and corporate and shareholder disputes.

On the restructuring and insolvency front, Joel acts for corporate debtors, turnaround professionals and investors. Matters of significance include advising and acting for Hyflux Limited in their restructuring; advising and acting for EMAS Chiyoda Subsea Limited and its subsidiaries on their cross-border restructuring of debt in excess of S$1 billion; advising and acting for the judicial manager of Altus Shipping & Logistics Pte Ltd (which owns a group of companies in the business of shipping logistics, with key Indonesia business interests such as a contract for affreightment for an Indonesian state-owned entity for the transport of coal and the leasing of tugs and barges in Indonesia); and advising and acting for the liquidators of Perstorp Singapore Pte. Ltd (which is in the business of manufacturing specialty chemicals).

Joel was placed on the Supreme Court’s Young Amicus Curiae 2013 list, and was appointed amicus curiae in two matters, one of which involved a three-Judge coram of the High Court). He is a contributing author to the 2016 edition of Lexis Practical Guidance Singapore – Dispute Resolution, the 2015 edition of the Singapore Precedents of Pleadings, and the 2019 edition of Singapore Civil Procedure.

Joel is also an instructor for the Restructuring and Insolvency module of the Preparatory Course leading to Part B of the Singapore Bar Examinations, and a lecturer for the Restructuring and Insolvency course at the Singapore Management University.


Tom Hugo Ottesen
Partner
Kvale Advokatfirma DA

Tom Hugo Ottesen Heads Kvale’s restructuring, insolvency and investigation team. He has particular experience in (re)financing, credit security, credit recovery and insolvency and restructuring of hard pressed companies. He is also an experienced arbitrator and is occasionally appointed as arbitrator in insolvency-related disputes

Ottesen is frequently appointed as bankruptcy administrator by Oslo Bankruptcy Court and is appointed as administrator in a number of the largest bankruptcies in Norway each year. Ottesen is Chairman of the Board of Kvale and holds several directorships. He regularly lectures and participates in panel discussions on key emerging areas of the law in bankruptcy, restructuring & insolvency He holds a law degree from the University of Oslo and is ranked as a leading lawyer within his fields of competence. 


Mark Craggs
Partner
Norton Rose London

Mark Craggs advises on a wide range of restructuring and insolvency matters. His experience includes: (i) acting for the directors of Carillion on the Official Receiver’s investigation; (ii) advising the Security Agent in relation to the administration of House of Fraser; (iii) advising a number of counterparties of Monarch Airlines on the administration of the group companies; (iv) the closure of the Maxwell schemes of arrangements and administrations in 2016 (25 years after they started); (v) advising the Trustee of Lehman Brothers Inc. and the liquidators of Lehman Brothers Australia on recoveries in the English Lehman estates (including a successful appeal to the UK Supreme Court in the “Client Money” case); and (vi) the repatriation to Australia of the English estate in the HIH Insurance liquidation (including the landmark decision in the UK Supreme Court in McGrath v Riddell [2008] UKHL 21; and (vii) various restructuring matters in the shipping and natural resources sectors.

Mark regularly advises on contingency-planning and security enforcement in relation to project and asset-financed transactions worldwide.

Mark is a Fellow of INSOL International and a member of a number of committees of INSOL International, as well as co-editor of INSOL World, the quarterly publication.  In 2016, he was selected as one of the “40 Under 40” cross-border restructuring and insolvency lawyers worldwide by Global Restructuring Review.  He is listed as a Next Generation Lawyer in Legal 500 and has been described in that directory as an “excellent all-round insolvency lawyer” (2017) and a “‘proactive and thorough’… ’emerging talent’ whose ‘understanding of the pressures and nuances on the various stakeholders ensures that matters… which he handles are dealt with in a commercially pragmatic way'” (2018).


Jeffrey R. Manning, CTP
Managing Director, Investment Banker
CohnReznick Capital

Jeffrey Manning is a Managing Director of CohnReznick Capital based in the Baltimore office. He has more than 35 years of experience across the corporate recovery marketplace with activities in investment banking, loan workout, operating restructuring, value investing, bankruptcy advising, and loan trading. The 2013 annual Turnaround Atlas Awards global program recognized Jeff as one of the top 100 restructuring and turnaround professionals.

Prior to joining CohnReznick Capital, Jeff was a managing director at BDO Capital Advisors. He served previously as the Chief Executive Officer of FTI’s wholly-owned investment banking subsidiary. He also led the special situations practice at various Wall Street firms, including Legg Mason Wood Walker and Rodman & Renshaw. Prior to that, Jeff worked for S.N. Phelps & Co., a well-known Greenwich, CT based “vulture investor.” Early in his career, he focused on restructuring for Dun & Bradstreet and worked in the “special loans” group at Manufacturers Hanover Trust.

Jeff is a frequent speaker at industry and university events at Columbia, Wharton, Johns Hopkins, UVA, and other prestigious institutions. He authored a chapter for the Thomson Reuters / Aspatore book Inside the Minds: Avoiding Financial Trouble, and Thoughts on the Future; “Saving Technology and Service Companies from Chapter 11.”


Jan Hendrik Gross
Attorney - Head of legal restructuring
Ebner Stolz

Jan Hendrik Gross has more than 12 years experience in restructuring and distressed M&A. He advises companies and investors in distressed and turnaround situations. His core competence is legal advise in out-of-court as well as court-ordered restructurings, incl. insolvency proceedings. As part of a multi disciplinary team Mr Gross works closely together with management consultants, tax and accountant specialists at Ebner Stolz. He was engaged in some of the large scale restruturing processes in the last years in Germany.


Greg Palfrey
Chairman, Nexia TRI Group, National Head of Restructuring and Recovery, Smith & Williamson
Smith and Wiliamson

Greg has been involved in the restructuring and insolvency field since 1989 and has spent several years working within SME’s where he gained valuable understanding from ‘the other side’ in helping turn businesses around.

Greg is now increasingly involved in advisory assignments where his practical and commercial acumen are required. He has dealt with many formal and informal corporate insolvencies and turnarounds of all kinds across industries including leisure, retail, manufacturing and commerce and has built up a sector specialism in the motor trade. He has also worked on sensitive cases involving fraud for asset based lenders banks and other charge holders.

Greg is the Chairman of the International Nexia TRI Business Group, an established global network of Turnaround, Restructuring & insolvency specialists within Nexia member firms that are able to give advice to clients and support the offering of these Nexia firms around the world.