Distressed Assets or Debts: 10 Dimensions to Design a Recovery Plan
About This Programme
Scenario planning for NPLs and non-performing portfolio companies can change the trajectory of distressed assets and avoid writing off bad debts or recognising investment losses. Getting off the “demise curve” requires early intervention made possible by a combination of scenario analysis and prescriptive pursuit of the available options to strategise for a fresh restart versus shutdown.
This IBF FTS and Core SFA/FAA CPD course equips both capital market and debt market players with the basic competencies in restructuring and insolvency to recommend to stakeholders actionable plans for debt rehabilitation or corporate rescue and avert the destiny of corporate bankruptcy.
This IBF course is conducted by two senior partners from Tan Kok Quan Partnership.
Part 1: When are companies in distress?
Insolvency tests used by the Courts to determine whether a company is solvent or insolvent
Whose rights are affected: creditor banks vs equity investors and other stakeholders
Part 2: Restructuring distressed portfolio companies.
Life cycle perspective of trajectory of bad debts, NPLs, under-performing portfolio companies
Restructuring options: informal and formal, out-of-Court and Court-ordered
Key success factors for turnaround strategies, judicial management, scheme of arrangement
Rescue financing and super-priority accorded by Section 67 of Insolvency, Restructuring and Dissolution Act (IRDA)
Part 3: End of life for distressed companies.
Winding up distressed investees: voluntary vs compulsory
Regulations and legal processes
Who is this course for
Alternative asset managers
Credit and Lending Operations manager
Credit Risk Analyst
Funding Quantum: Singapore Citizens or Singapore PRs, physically based in Singapore are eligible for 30% of direct training cost. *Singapore Citizens aged 40 years old and above will be eligible for 70% co-funding of direct training costs. Payment is on a net-fee basis for qualified participants. IBF-FTS Funding T&Cs apply.
IBF Financial Training Scheme (IBF-FTS)
This course is recognised under the Financial Training Scheme (FTS) and is eligible for FTS claims subject to all eligibility criteria being met.
Please note that in no way does this represent an endorsement of the quality of the training provider and course. Participants are advised to assess the suitability of the course and its relevance to his/her business activities or job roles.
The FTS is available to eligible entities based on the prevalent funding eligibility, quantum and caps. FTS provides up to 70% course fee subsidy support for direct training costs subject to a cap of S$500 per candidate per course subject to all eligibility criteria being met.