Professional Interest Group Activities

Insolvency Interest Group
Beijing-Hong Kong Seminar on
Corporate Restructuring and Liquidation

CIRCULATION TO IIG MEMBERS ONLY

Date
:

3 September 2004 (Friday)
Full-day seminar (may elect to attend afternoon session only)

Venue
:

Meeting Room 301B, Hong Kong Convention and Exhibition Centre,
1 Expo Drive, Wanchai, Hong Kong.

Main Sponsors
:
Beijing Municipal Bureau of Commerce ( 北京市商務局 )
Hong Kong Society of Accountants ( 香港會計師公會 )
Co-Sponsor : The University of Hong Kong Faculty of Law – Asia Institute of International Financial Law ( 香港大學法學院 - 亞洲國際金融法研究院 )
Organiser : Beijing-Hong Kong Corporate Restructuring and Liquidation Joint Working Group ( 京港企業重組清盤聯合工作小組 )
Quota : 300
Costs (Full Day) : HK$400 for IIG Members and HK$600 for Non-Members
Costs (Afternoon only) : HK$100 for IIG Members and HK$150 for Non-Members
Costs (Lunch) : HK$250 for IIG Members and Non-Members

BACKGROUND

Cross-border restructuring and insolvency between Hong Kong and other regions in China has become increasingly common and complex. Effective administration of such cases requires mutual understanding of each other's legal framework and practice. The aim of the Seminar on Beijing-Hong Kong Corporate Restructuring and Liquidation is to promote a greater understanding and co-operation amongst officials and practitioners in this field.

In 2002, the Beijing-Hong Kong Corporate Restructuring and Liquidation Joint Working Group (the "Working Group") was formed under the auspices of the Insolvency Interest Group Management Committee with a view to facilitating cross-border restructuring and insolvencies. It has since organized regular meetings in order to promote general interchange of ideas and information between officials and practitioners from both Beijing and Hong Kong .

The idea for this Seminar originated from ad hoc meetings between members of the Insolvency Interest Group Management Committee and representatives from the Beijing Municipal Bureau of Commerce (formerly known as Beijing Municipal Foreign Economic Relations and Trade Commission).

Members of the Working Group include Ms. Jin Yi Yan, Director Solicitor of Beijing Tianzhong Law Firm ( 北京市天中律师事务所金伊燕主任律师 ), Mr. Li Ya Ping , Vice Section Chief of the Beijing Municipal Bureau of Commerce ( 北京市商务局李亚平副处长 ) , Mr. Alan Tang of Grant Thornton, Mr. Johnson Kong of BDO McCabe Lo, Mr. Raymond Lau of Lovells, Mr. George Wong of Ferrier Hodgson, Mr. Kenneth Chen of RSM Nelson Wheeler Corporate Asia Group and Mr. Howard Lam of Allen & Overy.

Last October, the Working Group organised a similar event in Beijing that formed part of the official 7 th Beijing-Hong Kong Economic Co-operation Symposium. This was a great success and was attended by over 50 representatives from both cities. Building on this, we hope and expect that this year's seminar will attract even greater interest among key people in the industry.

We are honoured to have invited Mr. Zhao Xin Xin , Vice Director of the Beijing Municipal Bureau of Commerce ( 北京市商务局 赵昕昕副局长 ); and Mr. Li Ya Ping; Ms. Liu Qing , Section Chief of the Beijing Administration for Industry and Commerce Foreign Investment Administration Department ( 北京市工商行政管理局外商投资企业管理处刘清处长 ) ); Ms. Jin Yi Yan; Mr. Christopher Page of The Hongkong and Shanghai Banking Corporation Limited, PRC judges, professors and practitioners to be speakers and honoured guests at the Seminar. We hope to include someone from the Official Receiver's Office as one of the guest speakers.

The 8 th Beijing – Hong Kong Economic Co-operation Symposium
(
第八届北京 - 香港经济合作研讨洽谈会 )
 
Seminar on Beijing - Hong Kong Corporate Restructuring and Liquidation
( 京港企业重组及清盘专题研讨会 )
Date
: 3 September 2004 (Friday)
  - AM : 9:00 - 12:45 {Registration will start at 8:45a.m.}
- Lunch : 12:45 - 14:00
- PM : 14:15 - 17:30 {Registration will start at 2:00p.m.}
 
Place
: Meeting Room 301B, Hong Kong Convention and Exhibition Centre, 1 Expo Drive , Wanchai, Hong Kong
Attendees
: maximum 300 people
Main sponsors
: (1) Beijing Municipal Bureau of Commerce 北京市商务局
  (2) Hong Kong Society of Accountants
   
Co-sponsor
: Asian Institute of International Finance Law - HKU
   
  Beijing-Hong Kong Restructuring and Liquidation Joint Working Group
Organiser
: 京港企业重组清算联合工作小组
   
Language
: English and Chinese - there will be simultaneous translation (English/Putonghua)
   
Programme (tentative) :
     
Morning Session
9:00 - 9:15 Welcome and Opening Speech
9:15 - 9:30 Keynote Speech - Hong Kong
9:30 - 10:00 Keynote Speech - Beijing
10:00 - 10:30 Introduction of the Working Group and the way forward (representatives from Beijing and Hong Kong )
10:30 - 11:00 Tea Break and Photo Session
11:00 - 11:40 Liquidation of Foreign Investment Enterprises in Beijing (representative from Beijing)
11:40 - 12:30 A Banker's Experience and Perspective on Cross-border Issues (Mr. Christopher Page)
12:30 - 12:45 Responses and Q&A Session
Lunch
12:45 - 14:00 Official Luncheon ( seating may be restricted due to venue, registration subject to confirmation)
Afternoon Session
14:15 - 16:15 Open Discussion s and Case Study (with 3 to 5 representatives each from Beijing and Hong Kong as facilitators on panel)
16:15 - 17:15 Latest Developments on PRC Bankruptcy Law - an international perspective (Representative from Beijing with response from representative(s) from Hong Kong )
17:15 - 17:30 Closing remarks


Application Details : Members who wish to apply to attend the seminar should complete the Reply Slip and return it to the Standards & Technical Department of the Society for registration. Application Forms should be sent by fax on or before Friday, 27 th August 2004 . Please register early to avoid disappointment.

Should you have any questions on the above, please contact Ms. Karen Moy of the Society at 2287-7089.