Demystifying Schemes – More than Dotting i’s and Crossing t’s
Terms such as “cash sweep” and “waterfall” often arise in negotiations or discussions on restructurings. Exactly how these terms are put into effect is much less often discussed.
IPAS’s first masterclass session seeks to bridge the commercial terms used in restructuring discussions and the language used in documentation to bring the commercial terms into effect.
Participants can expect a walkthrough of the documentation involved in a scheme of arrangement, including the typical types of clauses that are included in the key documents in a scheme of arrangement.
Restructuring professionals who have experience in negotiating commercial terms or are more attuned to the commercial or financial side of a restructuring will gain insights into document drafting during this session. Rather than leaving details that may potentially break a deal to the drafters, restructuring professionals who understand how agreements are put into writing can have an edge in live-drafting of documents which may need to be done in fast-paced restructurings.
Participants with prior experience in schemes of arrangement are invited to share their experience with the group to assist in developing a deeper understanding of the documentation involved in implementing commercial agreements that are often discussed in restructurings.
This masterclass will be facilitated by Daniel and Ismail of WongPartnership LLP.
Date: 13 July 2023, Thursday
Time: 2.00pm to 5.30pm (registration starts at 1.45pm)
Venue: WongPartnership Seminar Room
12 Marina Boulevard Level 28
Marina Bay Financial Centre Tower 3
IPAS Members: $360 (early bird – $324)
Non-IPAS Members: $432 (early bird – $388.80)
Registration will close on 11 July 2023 (Tuesday)
Enjoy 10% Bird Discount if you sign up before 23 June (Limited to the first 10 sign-ups only)
The course is SILE-accredited for public CPD points, while accountants will be issued with a certificate of attendance (Category 4).
Who should attend:
Insolvency practitioners/Financial Advisors
Corporate Restructuring Professionals
In-house Legal Counsels