Insolvency of a global shipping principal - Understanding and unraveling the complications
Kennedys' maritime and international trade team in Singapore is proud to sponsor and present at the 2nd annual SCMA conference.
Conference themes
The setting is at some point in the near future, a European-based shipping principal with a global operation becomes quickly insolvent, triggered by multiple events of defaults brought on by the Eurozone financial crisis.
Presentations will be given by SCMA members on how to unravel the multiple complications. Amongst the many hot button issues, presentations will cover areas such as:
- Overviews of the state of Singapore insolvency laws as it impacts shipping
- Cross border insolvency (including those of recognition and assistance)
- Practical difficulties in restructuring shipping companies
- Ring fencing of assets to preserve ongoing operations in shipping company
- Calculation of loss of future earnings
- Role of arbitration in insolvency actions
- Role of Liquidators
- Roles and views of ship financing institutions
- Impact of ships owned/chartered/bought/sold by the global shipping principal covering dry bulk/wet bulk/container/oil and gas sectors
Who should attend?
Find more information about the event and register on the SCMA Conference website.