The Guide on Conducting an Out-of-Court Workout in Asia is the third joint publication of the ABLI and the International Insolvency Institute, following their 2020 title, Corporate Restructuring and Insolvency in Asia, and their guide on the treatment of insolvent micro and small enterprises in Asia published last year.
The Guide on Conducting an Out-of-Court Workout in Asia provides step-by-step advice on how to conduct an out-of-court workout across 16 jurisdictions in Asia, including Singapore, China, Japan and the Philippines. It also informs readers of the key principles that frame a successful out-of-court workout and 11 practical tips to support it, including having a steering committee to facilitate negotiations, classify credito…
Read the full article at: https://www.thelawyermag.com/au/practice-areas/restructuring-and-insolvency/abli-and-iii-publish-step-by-step-guide-to-out-of-court-workouts-in-asia/445030