30 April 2019 - RSM restructuring specialists from around the world congregated at INSOL International’s recent conference in Singapore. RSM was a main sponsor of the event, and the restructuring group took the opportunity to hold the first RSM restructuring meeting the day before the INSOL conference began. The large RSM meeting was held at the RSM Singapore office and the programme was coordinated and chaired by Ian Williams from RSM UK.
The first speaker at the RSM meeting was the Hon. James M Peck, a retired bankruptcy judge from the Southern District of New York who shepherded the Lehman Brothers bankruptcy in its early years. Judge Peck’s speech centred on his inisights into the Lehman bankruptcy and its wider impact globally. He was followed by John Willock, the editor in chief of Global Turnaround magazine and then a panel of European lawyers comprised of Ruben Garcia-Quismondo Perada from Quabbala, Spain and UK, Dr Christof Schiller from Anchor Rechtsanwalts in Mannheim, Dominic McCahill from Skadden in London and Jeremy Wessels from Mourant in Guernsey. Obviously, Brexit was high on the agenda, but so was the issue of non-performing loans, the wider finances of the EU and the prospective impact on restructurings.
There were presentations on Asia by Sim Kwan Kiat from Rajan and Tann’s Singapore office and Australia by Mark Petrucco from Hall and Wilcox in Sydney. Finally, there was a US panel led by Brian Calvert from DSI Consulting and Mark Bloom from Greenberg Traurig. The conference attendees came from RSM offices in the UK, Hong Kong, Singapore, Finland, Thailand, Australia and Indonesia.