Back

What's On

In today’s dynamic business environment, companies may face financial or operational distress due to various internal and external factors. Navigating these challenging situations requires a clear understanding of available options, potential risks, and legal responsibilities. This session will provide practical guidance for business leaders, directors, and professionals on how to respond effectively when a company is in distress.

We will explore the strategic choices available, common pitfalls to avoid, and the legal implications of different actions. The session will also highlight the roles and responsibilities of directors, as well as the importance of seeking professional advice during critical periods. Whether you are a company director, business executive, or financial professional, this event will equip you with essential knowledge to manage distress situations responsibly and minimize risks.

Outline:
- Companies in distressed situations
- What are the options for the company?
- What are the risks of the company?
- Directors’ liability
- Professionals dealing with distressed situation

Learning Outcomes:
By completing this session, participants will:
- Understand the main options for companies facing distress
- Identify the risks and consequences associated with each option
- Recognize legal duties and liabilities of directors in distress situations
- Learn practical steps to manage and mitigate liabilities

Who Should Attend:
This session is ideal for:
- Company directors and executives
- Accountants and auditors
- Business consultants
- Anyone involved in managing or advising distressed companies

DISCLAIMER
Speakers' presentations at this event are intended for educational purposes only and do not replace independent professional judgment. Statements of fact and opinions expressed during this event are those of the speakers and participants and, unless expressly stated to the contrary, are not the opinion or position of the Hong Kong General Chamber of Commerce, its members, or its committees. The Chamber does not endorse or approve, and assumes no responsibility for, the content, accuracy or completeness of the information presented. Attendees should note that, with the approval of speakers, this event may be recorded, and possibly published on the Chamber's website in audio and/or video formats without further notice.

Recording, duplication or distribution of the contents of the online event is prohibited without prior written permission from the Chamber.

Book Now

Speaker(s)

Alexander Tang, Partner, Stephenson Harwood

Alexander Tang is a partner at international law firm Stephenson Harwood, specializing in corporate restructuring, insolvency, and litigation. With over 15 years of experience, he has advised listed companies, financial institutions, and insolvency practitioners on corporate rescues, cross-border restructurings, and directors’ duties in complex distress situations.

Alexander frequently represents clients in court-led restructurings and insolvency proceedings in Hong Kong and internationally. He is known for his strategic insight in managing legal and reputational risks during high-stakes business crises. He holds an LLB from the University of Hong Kong and is admitted as a solicitor in both Hong Kong and England & Wales.

Language

Cantonese

Date and Time

2025/07/24 10:00 to 12:00

Venue

Chamber Theatre, 22/F United Centre

Media

Closed to media

Enquiries

Wabi Law
Tel: 28231293
Email: wlaw@chamber.org.hk

Fee

Members @ HK$420 / Non-Members @ HK$580
+$50 for booking offline
This event accepts Chamber Coupon (terms and conditions)
Members enjoy 30% discount with BOC HKGCC VISA Card

Notes

- Bookings are only confirmed upon receipt of payment, on a first come first served basis.
- Booking transfer is allowed for corporate members with advanced notice, walk-ins are normally not accepted.
- The Chamber reserves the right to decline any booking or cancel the event. In such case, a full refund of the participation fee will be issued.
- No refund will be made for last minute cancellations or no-shows. If the booking is cancelled at least 7 days before the event, and in such cases the refund will be subjected to a 10% administration fee, or HK$100 deduction, whichever is higher.
- Members paying with their BOC HKGCC Visa Card will enjoy a 30% discount on their reservation. The discount is only applicable to the card holder, and does not extend to their guests. The discount cannot be used in conjunction with Chamber Coupons.
- A $50 handling fee per person will be charged for all offline bookings (e.g. fax, e-mail, post) for all Chamber events. Go online today by downloading our app or registering on the HKGCC website to save the environment and money.
- Priority is given to corporate members. The decision to accept or decline any booking shall be at sole discretion of the Chamber.

Book Now