Restructuring and Insolvency: VA’s, Deeds and Restructuring of a company (new proposed Part 5.3B)
Description
Attend and earn 1.5 CPD units in Substantive Law
This program is applicable to practitioners from all States & Territories
Chair: Gary Koning, Partner, Dentons
Examine the benefits, difficulties and technical issues with Voluntary Administrations and Deeds of Company Arrangements. Understand the court’s current attitude towards the implementation of such schemes. Consider the expected impact of the statutory moratoriums under COVID-19, as temporary relief for insolvent trading laws and safe harbour defences may not remove a company director’s risks when dealing with their company’s debt.
- Benefits and difficulties with Voluntary Administrations and Deeds of Company Arrangements
- New proposed Part 5.3B Restructuring of a company – what are its likely benefits and pitfalls
- Impact of the statutory moratoriums under COVID-19
- The court’s attitude to Voluntary Administrations and Deeds of Company Arrangements
- Technical issues arising from the position of directors and creditors in the COVID-19 climate
- Analysis of recent cases and the practical takeaways
Presented by Nick Combis, Director – Insolvency & Reconstruction, Vincent’s; Official Liquidator and Trustee in Bankruptcy and Jim Johnson, Barrister, Frederick Jordan Chambers
Presenters
Gary Koning
Gary Koning is a Partner in the Recoveries and Restructuring Group at Dentons. Gary has over 20 years' experience advising banks, financial institutions and insolvency practitioners on all aspects of administrations, receiverships, liquidations, provisional liquidations, security enforcement, recovery of voidable transactions, dispute resolution and compliance with legal obligations, industry codes and standards. Gary is focused on negotiating the heavily regulated environment in which practitioners operate and has presented and published on various topics related to security enforcement and recoveries, Corporations Act administrations and bankruptcy.