Michael S. Carl, an international legal adviser at SSEK Indonesian Legal Consultants, was a featured speaker at a one-day seminar in Seoul organized by INSOL, an international association of restructuring, insolvency and bankruptcy professionals.
The seminar covered the role of insolvency practitioners in rehabilitation proceedings, cross-border insolvency in the shipping industry, the reorganization of small and medium businesses in financial distress, schemes of arrangement in different jurisdictions, and insolvency of multinational enterprise groups.
Michael discussed the bankruptcy/insolvency regime in Indonesia, including the role of insolvency practitioners.
Michael is a supervising adviser of SSEK's bankruptcy and debt restructuring practice. He joined SSEK in 2004 and has more than 20 years of experience practicing law in Southeast Asia, principally in Indonesia. Michael was previously with the international law firm Baker & McKenzie in its Singapore and Bangkok offices, where he represented companies in US debt and equity offerings and debt restructurings.
Michael is recognized by Chambers & Partners as a leading lawyer for Indonesian banking and finance, corporate/M&A, projects and energy, and real estate, and by IFLR1000 for banking, project finance, and restructuring and insolvency.
INSOL International is a world-wide federation of national associations of accountants and lawyers who specialize in turnaround and insolvency. There are currently more than 40 member associations with approximately 10,000 professionals participating as members of INSOL International.