Korea Productivity Center: "We Will Strive to Foster Corporate Rehabilitation Experts and Improve the System"
Seminar on Exploring Measures for the Development of the Corporate Rehabilitation System Held
The Korea Productivity Center announced on October 21 that it had co-hosted the 'Seminar on Exploring Measures for the Development of the Corporate Rehabilitation System' with the Korean Association for Business Law at the Korea Federation of Banks Hall. This seminar, which has been held continuously since 2010 to advance Korea's corporate rehabilitation system, has become a venue for information exchange to discuss practical measures to increase the success rate of corporate rehabilitation, especially as the number of applications for corporate rehabilitation has been rising due to many companies facing management difficulties in recent times.
Participants of the "Seminar on Exploring Measures for the Development of the Corporate Rehabilitation System" are taking a commemorative photo. Korea Productivity Center
View original imageThe first session of the seminar featured Won Yongil, Chief Judge of the Seoul Bankruptcy Court, who delivered a keynote presentation on 'The Current Status and Improvement Measures of Customized Rehabilitation Procedures for Small and Medium-sized Enterprises (Introduction of the New S-Track).' Designated discussions followed, led by Lawyer Jeong Seokjong from Kim & Chang and Professor Kim Byungyeon from Konkuk University Law School. The second session featured Lee Bokgil, former administrator of the Seoul Bankruptcy Court, who gave a keynote presentation on 'The Current Status and Future Direction of the Chief Restructuring Officer (CRO) System for Rehabilitated Companies.' Designated discussions were then held by Lawyer Jeong Ilwoo from Jeongil Law Office and Lim Kyungseop, Standing Administrator at Chuncheon District Court.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Lee Jangyeol, Executive Director of the Korea Productivity Center, stated, "Top experts gathered to review the corporate rehabilitation system from both practical and institutional perspectives and discussed ways to improve it," adding, "We will continue to make every effort to foster specialized professionals in corporate rehabilitation and to improve related systems in the future."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
