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[SGRI] Seminar - Simplified Insolvency Regimes for Micro and Small Enterprises: Lessons from Australia, Singapore and the United States

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SGRI Seminar - Simplified Insolvency Regimes for Micro and Small Enterprises: Lessons from Australia, Singapore and the United States

 

SYNOPSIS

Micro and small enterprises (MSEs) represent the vast majority of businesses in most countries around the world. Despite their economic relevance, most jurisdictions do not provide a suitable insolvency framework for MSEs. In the past few years, however, several jurisdictions have adopted simplified insolvency proceedings for MSEs. 

This event seeks to analyze the features and performance of the simplified insolvency frameworks adopted in Australia, Singapore and the United States. Based on the experience of these jurisdictions, the event will also discuss how countries can improve the attractiveness of their insolvency frameworks for MSEs.

 

SPEAKERS

Photo of Edith Hotchkiss
Professor Edith Hotchkiss
Professor and Hillenbrand Family Faculty Fellow
Boston College Carroll School of Management  
 

Professor Edith Hotchkiss is a professor in the Seidner Department of Finance at the Boston College Carroll School of Management. Her research focuses mainly on corporate finance, more specifically, the efficiency of Chapter 11 bankruptcy procedures; restructuring mechanisms for financially distressed firms; transparency and efficiency of the corporate bond market. Professor Hotchkiss has worked for New York University as a Visiting Assistant Professor of Finance and at Standard & Poor's Corporation as an Assistant Vice President. She is a member of the academic advisory board and has served on the board of directors of the Turnaround Management Association.

Professor Jason Harris
Professor Jason Harris
Professor of Corporate Law
Director, Ross Parsons Centre of Commercial, Corporate and Taxation Law 
The University of Sydney Law School 
 

Jason Harris is Professor of Corporate Law at the University of Sydney Law School. Professor Harris teaches and researches in the areas of Corporate Law, Insolvency Law, Commercial Law and Contracts. His research is focused on the public and private regulation of financially distressed companies, including debt restructuring, voluntary administration, corporate governance and directors’ duties during financial distress and the regulation of corporate groups.

 Ms Smitha Menon
Ms Smitha Menon
Partner and Head of Restructuring & Insolvency Practice
WongPartnership
 

Smitha Menon is a partner at WongPartnership. She is the Head of the firm’s Restructuring & Insolvency Practice and a Partner in the International Arbitration, India and Special Situations Advisory Practices. Her main areas of practice are corporate disputes and restructuring. Smitha is the Asia Co-Chair of the International Insolvency Institute, Asia Group Leader of the World Law Group’s (WLG) Restructuring & Insolvency Practice Group, an Honorary Member of the board of the Singapore network of the International Women's Insolvency and Restructuring Confederation (IWIRC) and a Fellow of the Insolvency Practitioners Association of Singapore.

CHAIR

 Aurelio Gurrea Martinez
Professor Aurelio Gurrea-Martínez
Head, Singapore Global Restructuring Initiative
Associate Professor of Law
Yong Pung How School of Law
Singapore Management University 
 

 

In the course of the event, screenshots / photographs / videos / interviews of participants could be taken/conducted by the organizers or parties appointed by the organisers for the purpose of post-event publicity, either in the organisers' official publication/website, social media platforms or any third party's publication/website/social media platforms approved by the organisers.

 
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Seats are limited. Registration for the event will be confirmed via email by 26 March 2025.

Lunch is provided

 

28 March 2025, Friday, 9.15am to 12pm [SGT]

Meeting Room 5-04, Level 5, Yong Pung How School of Law, SMU

9.15am: Welcome and Coffee

9.30am: Opening Remarks and Introduction

Aurelio Gurrea-Martinez, Associate Professor of Law, Singapore Management University

9.35am: Can Small Businesses Survive Chapter 11? An Empirical Investigation 

Edith Hotchkiss, Professor and Hillenbrand Family Faculty Fellow, Boston College Carroll School of Management

10.15am: The Simplified Insolvency Proceedings for Small Businesses in Australia: Features and Lessons

Jason Harris, Professor of Corporate Law, University of Sydney Law School

11.00am: The Simplified Insolvency Programme in Singapore 

Smitha Menon, Partner and Head of Restructuring & Insolvency, WongPartnership 

11.45am: Q&A

12pm: Lunch