Ms. Anjum Rosha (Senior Counsel, Legal Department, International Monetary Fund)
Ms. Nadia Rendak (Senior Counsel, Legal Department, International Monetary Fund)
Mr. Jose Garrido (Senior Counsel, Legal Department, International Monetary Fund)
Senior policy makers and public officials responsible for the design or implementation of corporate and household insolvency legislation and related issues.
The Webinar consists of two sessions, to be held on May 18 and May 19, which will cover current issues in corporate and household insolvency law. Each session will last for 2 hours.
The first session will be dedicated to the analysis of the prevention and treatment of corporate and household insolvency in Asia, following the analysis conducted in the IMF Working paper ‘Tackling Private Over-Indebtedness in Asia: Economic and Legal Aspects” (2020 -WP20/172). The webinar will analyze the various techniques for the prevention of corporate and household over-indebtedness, as well as the mechanisms for addressing over-indebtedness once it has materialized. The webinar will offer a holistic view of the legal instruments to prevent and deal with over-indebtedness, with an emphasis on the challenges and opportunities in Asian countries.
The second session of the webinar will focus on the challenges posed by the pandemic and the economic crisis it has generated. It will be based on the IMF Working Paper “Flattening the Insolvency Curve: Promoting Corporate Restructuring in Asia and the Pacific in the Post-C19 Recovery” (2021 – WP 21/16) and the special Covid-19 Note prepared by the Legal Department of the IMF, “Private Debt Resolution in the Wake of the Pandemic” (2020). The webinar will examine the phases of the crisis in different countries and how insolvency and debt restructuring tools can decisively contribute to economic recovery and the transformation of Asian economies.
The webinar will have an interactive format, offering participants an opportunity to share with peers their experience with corporate and household insolvency law reform and implementation, as well as with insolvency prevention mechanisms. The webinar will assist participants in enhancing and deepening their knowledge of insolvency law. Members of the IMF’s Legal Department, with ample experience in the analysis of insolvency systems in Asia and elsewhere in the world, will lead the webinar discussions.
Upon completion of these webinars, participants should be able to:
- Assess how policy objectives and technical solutions interact in corporate and household insolvency and other related areas.
- Identify trends for the future development of insolvency legislation
- Extract lessons from positive and negative experiences.
To register for this webinar, please complete the online form here by May 15, 2021. Only official email addresses are accepted.