Managing Digital Assets in Insolvencies

Outline:

Financial technology is decentralising and digitising economies across the world.

But what does this mean for insolvency? How can digital assets be classed, held and managed? And how will this change in the future?

This webinar looks at these issues and offers guidance on how best to apply basic legal and insolvency principles to this fast-developing area and how to manage crypto and digital assets in cases and processes.

It will explore:

·      Cryptocurrencies: what is property in this arena and what type of property is it?

·      How do you manage digital assets? Are they assets? Should they be hypothecated, secured, held in trust, a share, or a contractual claim, an option, or a right of set-off in a clearing house?

·      Where are the assets held?

·      Whose laws apply to digital assets? Under whose jurisdiction do they fall?

·      How do you manage a conflict of laws, international co-operation, treaties, COMI and the differing worldwide consensus, or lack of it?

·      What is insolvency in a world of digital value fluctuation?

·      What insolvency processes are most suitable? Corporate rehabilitation or liquidation? Court supervised or IP led?

·      Which global case laws and statutes apply?

·      Boiler plate clauses and where is this all going?

·      What are smart contracts and how do they apply to insolvency?

Speakers: 

Grant Jones, Simmons Gainsford Gibraltar LLP

Vikram Nagrani, Hassans

Schedule:

CPD: 1