Hosted by AABANY Asia Practice and Bankruptcy and Restructuring Committees
NY CLE: 1.5 Credits in Areas of Professional Practice, transitional and non-transitional
Program Chair: William Hao, Counsel, Alston & Bird
Speakers:
Jingzhi Dai (JD), Senior Vice President, Jefferies LLC
Yanhua Lin, Partner, Fangda Partners
Jason Kang, Partner, Kobre & Kim
Anthony Grossi, Partner, Sidley Austin
Mike Paek, Chief Deputy Clerk, S.D.N.Y. Bankruptcy Court
Moderator: Alex Xiao, Associate, Gibson Dunn
China’s real estate sector is one of its economy’s most important assets and has contributed considerably to China’s strong economic growth in the past few decades. Recently, however, structural economic problems are emerging, and real estate is among the first sectors in China to show signs of distress. Given its significance to the Chinese growth model, failure to address these issues would likely trigger a crash that would wreck the Chinese economy and disrupt the global economic system. This panel comprises of professionals from both the U.S. and China, who will provide insights on China’s real estate distressed debt issues and its global impact from both legal and financial perspective and share some practical recommendations on possible solutions for associated cross-border investments.