Posted: 01 Nov, 2019
On 30th October TMA NOW hosted their first event since the launch event earlier in the year in the form of an insightful and lively debate on the motion of “Changing legal framework in the restructuring space – should the UK insolvency system become more aligned to the system in place in the US.”
The event, kindly sponsored by Gordon Brothers, took place in the impressive Royal Institution, London and featured inspirational and influential women who are highly regarded in the insolvency and restructuring sphere, moderated by Anna Nolan, Associate in the Financial and Restructuring Team at Paul Hastings LLP, TMA Director and President of TMA NextGen London.
TMA NOW chair, Tayyibah Arif, introduced the event and spoke about the network’s aim to provide networking opportunities and to empower and equip TMA members, in particular, female members, to pursue successful careers and become confident leaders and to do so in an inclusive environment.
The debate was an opportunity to hear the speakers drawing on their knowledge of the applicable law and restructuring frameworks, but also on their own experiences of dealing in the different jurisdictions in order to debate the motion in order to persuade the house. The event concluded with an interactive vote by attendees with Anna ultimately declaring the winner and thereafter the opportunity to celebrate or commiserate over drinks and canapes.
Those speaking in favour of the motion were Gemma Sage, Partner in the Business Finance & Restructuring Group, Weil, Gotshal & Manges (London) LLP, Kat Burke, Associate in Corporate Restructuring team at Skadden, Arps Meagher & Flom LLP and Laura Kimmell, Director of the Financial Restructuring Group at Houlihan Lokey.
The opposition, consisted of Christina Fitzgerald, Partner at Moon Beever Solicitors and chair of R3 London and South East region, Sinjini Saha, Partner in the Financial Restructuring Group at Millbank LLP and Federica Pietrogrande, Managing Director at Gordon Brothers.
Following a dynamic and insightful debate with persuasive arguments from both sides, attendees were given the opportunity to participate by asking questions and taking part in an interactive vote on the motion. The audience voted with the opposition.
The debate was followed by drinks and canapes and an opportunity to network with other professionals in the insolvency and restructuring sphere and to further debate the motion with each other!
The TMA NOW’s mission is to help connect the industry’s leading women, provide opportunities for leadership development and improve networking skills and it was overwhelming to see so many men and women attend the event to hear these inspirational women speak and to support the cause.
Thank you to all those who attended yesterday and a special thank you to the speakers for providing thought-provoking and interesting arguments and giving an insight to the practicalities of working in the different systems and jurisdictions.
Details of the next event will be made available in due course.
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