Maritime and Insolvency Talk
A Challenge or An Opportunity ?
The maritime industry has been hit in recent times with a spate of insolvency related incidents. These include the collapse of Hin Leong Trading (Pte) Ltd, Singapore’s biggest independent oil trader, the 2016 bankruptcy of South Korea’s Hanjin Shipping Co., Ltd and the appointment of judicial managers over ship-builders Otto Marine Ltd. The panelists will aim to give the audience an understanding of the various insolvency-related mechanisms at play, and the commercial considerations to be taken into account by various parties, such as shipping and insolvency lawyers, liquidators, and banks, when an insolvency-related event occurs.
Registration Fee
This is a free webinar event.
Time & Date
Wednesday, 11 August 2021
4.30 - 6.00PM
Streaming Live in Malaysia
Duration : 1 hour and 30 minutes
This latest IMSML evening talk has gathered experIenced professionals from the legal and insolvency industries to discuss amongst others:
Opening Address
Clive Navin Selvapandian
Treasurer, International Malaysian Society of Maritime Law (IMSML)
The impact of local and foreign statutory moratoriums on actions in rem in Malaysia.
Whether liens over sub-freights and sub-hires are charges that are unenforceable against an insolvent company without prior registration
Fraud in the commodity-trading industry, with particular reference to the practice of ‘sleeving’ in the oil trade.
Sitpah Selvaratnam, Consultant, Messrs Tommy Thomas
The particular role of judicial managers and receivers in insolvency-related assignments in the maritime industry
Leong May Lee, Senior Executive Director, Ernst & Young
The commercial and management processes for the debtor in possession restructuring with reference to the enterprise value.
Ravindran Navaratnam, Executive Director, Sage 3