Randall Arthur Joins Webinar on Insolvency and Global Asset Recovery
May 14, 2020
Kobre & Kim’s Randall Arthur spoke on insolvency-related strategies available to lawyers and insolvency practitioners for tracking down and recovering assets worldwide at an April 24 webinar hosted by the Hong Kong Institute of Certified Public Accountants’ Restructuring and Insolvency Faculty.
In the webinar, titled “Asset tracing – from an insolvency perspective,” Arthur and co-presenter Terry Kan of SHINEWING Specialist Advisory Services Limited first discussed the interaction between jurisdictions, referencing the United Nations Commission on International Trade Law (UNCITRAL) Model Law and principles of comity. They also examined common asset concealment strategies and structures, including those offshore, before turning to how liquidators and other office holders can utilize their powers to conduct investigations to uncover, secure and protect assets. Arthur and Kan also discussed strategic considerations, such as the impact of foreign assistance on the powers of liquidators, using insolvency and non-insolvency tools, and considering claims against company officers.