The global Covid-19 crisis poses major challenges to many companies, their shareholders and financiers, with severe disruption and losses in business operations across many sectors. While some relief packages are in place to ease liquidity and reduce chances of defaults in the short term, businesses also need to take proactive steps to realign their borrowing requirements. This led to the conclusion that debt restructuring is an important topic for now, but also in the future.
A panel of experts from Loyens and Loeff will provide you with general insight of debt restructuring from both a legal and a tax perspective by discussing THREE real time case studies and the tax and legal considerations thereof in case of:
- A sale of distressed debt;
- A debt-to-equity swap;
- A debt waivers.
The session will be moderated by Barbara Voskamp, Partner ASEAN in the Singapore office of Loyens Loeff, and member of the Board of the IFA, Singapore.