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Upcoming Courses

Because of DORSCON Orange, all classroom courses will be postponed indefinitely.

IPAS is in the midst of applying for the courses listed on this webpage to be SkillsFuture Credit-eligible, so registration will open only thereafter.

1 December 2020
[Webinar] Investigations in insolvency assignments

 

About The Course
This course focuses on the need for, and aspects of conducting investigations in liquidation assignments and areas to look out for by a liquidator.

Intended For
This Intermediate to Advanced level course is intended for insolvency practitioners.

Click here to register.

8 December 2020
[Webinar] Adjudication of claims in insolvency administration

 

About The Course
The course will cover the following aspects:

  • The creditors and their rights in the context of a company in liquidation.
  • The statutory regime for distribution of assets of a company in liquidation.
  • The pari passu principle and its exceptions.
  • The process of filing a claim.
  • The process of dealing with a filed claim – admission, rejection and the appeal
  • The dividend – what is it in essence

Intended For

This Intermediate to Advanced level course is intended for insolvency practitioners.

Click here to register.

15 December 2020
[Webinar] Schemes of Arrangement

 

About The Course

This course provides a focused study of Schemes of Arrangement, eligibility considerations, governing laws, Court procedures, pros and cons, impact on various stakeholders.

Intended For

This Intermediate to Advanced level course is intended for insolvency practitioners.

Click here to register.

Past Courses

26 November 2020

An Introduction to Judicial Management

The first half of 2020 has seen a spate of judicial management applications by bank creditors, financial institutions as well as by borrowers themselves. Why judicial management and what advantages does judicial management have over other corporate rescue regimes, and is judicial management suitable in all cases?  This course will introduce you to the legal framework and key principles behind judicial management, and will include a discussion on:

  • The aims and purposes of judicial management,
  • Key differences between judicial management, liquidation and schemes of arrangement,
  • How creditors can place a company into judicial management,
  • The substantive effects of a judicial management order,
  • Latest updates to the judicial management framework under the Insolvency, Restructuring and Dissolution Act, which came into force on 30 July 2020,
  • Practical insights from a practitioners’ viewpoint, and
  • Selected highlights from recent judicial management cases.

Intended For

This Foundation level course is intended for insolvency practitioners.

19 November 2020
Overview of Insolvency, Restructuring and Dissolution Act

 

About The Course

This course provides an overview of the new Insolvency, Restructuring and Dissolution Act 2018 and the implications of the changes to various stakeholders.

Intended For

This Beginners to Intermediate level course is intended for all who need to reference the Insolvency, Restructuring and Dissolution Act 2018 in the course of their debt restructuring and insolvency work in Singapore and CFOs.

6 November 2020

Rescue Financing

About The Course

This course introduces the rescue financing regime under the Insolvency, Restructuring and Dissolution Act 2018 (“Insolvency Act”).

The course will cover:

  1. Introduction to the rescue financing regime under sections 64 and 101 of the Insolvency Act.
  2. Who can apply for rescue financing.
  3. Definition of rescue financing under the Insolvency Act.
  4. Different levels of super-priority that may be afforded under the rescue financing regime.
  5. Requirements for obtaining rescue financing order.
  6. Key considerations for rescue lenders.
  7. Strategies for rescue lenders.
  8. Process for implementing a rescue financing deal.
  9. Case study of the rescue financing deal in the restructuring of the Design Studio Group

Intended For

This Intermediate to Advanced level course is intended for insolvency practitioners.

4 September 2020
[WEBINAR] Unravelling Fraud in Insolvency

 

About The Course

What should and can an Insolvency Officeholder do when presented with suspicions of fraud?
In this session, the discussions will cover:
• the role and responsibilities of the judicial manager or liquidator when presented with suspicions of fraud;
• the practical and legal considerations before deciding to commence investigations;
• practical tips and considerations when conducting an investigation; and
• the legal tools available to the judicial manager or liquidator to aid the investigations

Intended For

This course is intended for insolvency practitioners.

31 August 2020
[WEBINAR] The Ten Issues Every Insolvency Practitioner Knows

 

About The Course

This course provides a framework of 10 issues that guide experienced insolvency practitioners case after case. The 10 issues are framed following largely how the life cycle of restructuring and liquidation processes typically unfolds.

Part I: Companies in distress

  1. When is a company insolvent? Two tests.
  2. Pitfalls when a company is insolvent – insolvent trading, directors’ duties, preferential transactions.

Part II: Restructuring a distressed company

  1. Consensual restructuring vs formal restructuring

What kind of restructuring would be more appropriate

  1. The life cycle of a successful formal restructuring

Moratorium under s 211B – scheme of arrangement – exit and implementation of scheme / judicial management – exit

Judicial management (or interim judicial management) – exit

  1. Creditors outreach – the importance of managing creditors and their expectations (especially in a restructuring context)
  2. Dealing with different stakeholders – shareholders, management, employees, banks, trade creditors, insurers, etc
  3. Ipso facto clauses – s 440 IRDA

Part III: End of a company’s life cycle

  1. Types of liquidation – Voluntary (by Creditors or Members) vs Court-ordered liquidation
  2. Third-party funding for dispute resolution proceedings

Professional Fees

  1. Securing professional adviser’s fees from a distressed company,  taxation of professional fees in Court.

Intended For

This foundation level course is intended for litigators and those starting out in restructuring and insolvency practice.

21 August 2020
[WEBINAR] The Critical First 100 Days of Debt Restructuring

 

About The Course

The first 100 days of a debt restructuring exercise for a distressed company is always closely scrutinised as it sets out the priorities to be dealt with. In the context of a restructuring mandate, what is the insolvency practitioner expected to accomplish in the first 100 days? What pressing legal, financial and operational issues should be dealt with, and how should these be prioritised? Join us in examining how the first 100 days of a restructuring will (or should) unfold.

Intended For

This foundation level course is intended for litigators and those starting out in restructuring and insolvency practice.

13 December 2019
Business Valuation in Distressed Environments

 

About The Course

This customised seminar course links the theory and practical aspects of business valuation and will provide participants with first-hand knowledge of how valuation is to be carried out in a distressed environment. The seminar will provide an insight into the valuation context and cover areas pertaining to corporate valuation incorporating the fundamental concepts and principles of valuation. It will then include in depth discussions on the valuation process to be adopted, the standard and premise of value as well as the various valuation approaches/methodologies commonly applied. In particular, issues relating to distressed valuation will be discussed and the seminar will be conducted via an interactive manner utilising appropriate case studies.

Intended For

This Intermediate to Advanced Level course is intended for insolvency practitioners and financial analysts.

10 December 2019
Overview of Insolvency, Restructuring and Dissolution Act

 

About The Course

This course provides an overview of the new Insolvency, Restructuring and Dissolution Act 2018 and the implications of the changes to various stakeholders.

Intended For

This Beginners to Intermediate level course is intended for all who need to reference the Insolvency, Restructuring and Dissolution Act 2018 in the course of their debt restructuring and insolvency work in Singapore and CFOs.

5 December 2019
Schemes of Arrangement

 

About The Course

This course provides a focused study of Schemes of Arrangement, eligibility considerations, governing laws, Court procedures, pros and cons, impact on various stakeholders.

Intended For

This Intermediate to Advanced level course is intended for insolvency practitioners.

3 December 2019
Adjudication of Claims in Insolvency Administration

 

About The Course
The course will cover the following aspects:

  • The creditors and their rights in the context of a company in liquidation.
  • The statutory regime for distribution of assets of a company in liquidation.
  • The pari passu principle and its exceptions.
  • The process of filing a claim.
  • The process of dealing with a filed claim – admission, rejection and the appeal
  • The dividend – what is it in essence

Intended For

This Intermediate to Advanced level course is intended for insolvency practitioners.

12 November 2019
Investigations in Insolvency Assignments

 

About The Course
This course focuses on the need for, and aspects of conducting investigations in liquidation assignments and areas to look out for by a liquidator.

Intended For
This Intermediate to Advanced level course is intended for insolvency practitioners.