In this episode of the International Insolvency Institute’s Global Perspectives podcast, we delve into consensual restructuring procedures in key jurisdictions such as Singapore, India and France. Our expert panelists, Vasile Rotaru (Ph.D. Candidate, University of Oxford), NextGen Member Ishana Tripathi (Associate Professor, Jindal Global Law School) and NextGen Member Jo Tay (Partner, Allen & Gledhill), offer insightful commentary on the unique characteristics, challenges, and growing appeal of consensual restructuring methods in these jurisdictions. They discuss the strong tradition of consensual workouts in France (mandat ad hoc and conciliation), the increasing demand for lender-led mediation, and the need for coordinated efforts among practitioners, courts, and legislators. The panelists also address key obstacles, such as litigious or impatient creditors and the occasional aggressive stance from legal counsel.

The podcast is introduced by NextGen Program Chairperson, ⁠Adam Crane⁠ (Baker & Partnersin the Cayman Islands) and moderated by Dr EugenioVaccari (Royal Holloway, University of London). The podcast was recorded in early October 2024, with information correct at the time of recording.