Can restructuring tools really save corporate entities, and if they can, at what price to the junior creditors? This panel will consider a number of different restructuring tools in a number of different jurisdictions and consider:

• the use of reverse vesting orders
• how are assets transferred and liabilities compromised?
• the involvement of the courts
• the increasing use of cross cram down powers in restructuring plans
• how courts approach the sharing of the restructuring surplus
• treatment of “ out of the money” creditors
• treatment of junior creditors who object to restructuring proposals

The panel will have speakers from a number of jurisdictions including Canada, South Korea, England, and the Netherlands who will comment on the restructuring tools in their jurisdictions.

Speakers:
Brett Axelrod, Fox Rothschild
Sy Nae Kim, Yulchon LLC
Emily Paplawski, Osler Hoskin & Harcourt LLP
Ricardo Reveco, Carey y Cia, Santiago

Session / Workshop Chair:
Tushara Weerasooriya, McMillan LLP; Annual Conference Officer, Insolvency Section

Please note that there is a fee to attend this event.