Holly Yuen, Director of Madison Pacific, was asked to speak on a panel at the third Regional Insolvency Conference on September 16, 2016. Organised jointly by the Insolvency Practice Committee of the Law Society of Singapore and the Insolvency Practitioners Association of Singapore, the conference brought together leading legal, account and finance practitioners to address cross-border insolvency issues. Madison Pacific was also a sponsor for this session.
Holly was on a panel discussing “What matters and factors that determine success?”. The session explored the key issues to consider when drawing up and implementing financial restructuring plans, which include focusing on what really matters, being transparent and realistic on the plan, managing the restructuring process and effectively communicating with all relevant stakeholders. This session also discussed other critical success drivers like raising fresh funds, negotiation on re-financing and operational restructuring because unless liquidity can be generated, debt serviced on time and cost cutting implemented.