International Debt Collection

Event overview

Facing a global financial crisis it is unclear how great the need for debt collecting options will be in the foreseeable future. Financial managers need to consider the options open to them and discover new means of reaching their financial goals.

Outstanding payments are a typical source of concern for a financial department. Collecting a debt is often a hard challenge with clients within the same country. International debts pose a higher obstacle, since it is often unclear how to proceed. Cultural differences distance and diverse legal systems make an international debt collection a big issue for corporations that need constant cash flows for their investments.

China Economic Review’s “International Debt Collection Conference” will address the issues of collecting trade debt in diverse business cultural settings. Selected speakers and experts in international debt collection will guide attendees through patterns of collecting processes abroad and will make clear how to determine the rate of successful recovery depending upon the legal entity being pursued.

Speaker Panel

John Ward, Professor of Law, East China University of Political Science and Law
and Attorney, Summit Law Firm
Gerald Neumann, International Debt Collection Expert
Wang Hongsong, Secretary-General, Beijing Arbitration Commission

Agenda

08:00 - 09:00	Registration
09:00 - 09:15	Opening remarks
09:15 - 10:00	Session I:Collecting debts abroad - Foreign arbitration awards and judgements How to enforce a domestic award in a foreign country? Which measures exist to collect a payment? Case study: collecting an outstanding payment in the United States John Ward, Professor of Law, East China University of Political Science and Law and Attorney, Summit Law Firm
10:00 – 10:45	Session II: Trade insurance and debt collection International trade insurance and factoring How can the trade insurance system help to collect outstanding payments? Claiming for other damages Gerald Neumann, International Debt Collection Expert
10:45 – 11:15	Tea break
11:15 – 12:00	Session III: Arbitration in China: the Beijing Arbitration Commission Wang Hongsong, Secretary-General, Beijing Arbitration Commission
12:00 – 12:45	Session IV : Panel discussion – Business, cultural and relationship issues involved in a debt collection strategy Being ready to consider cultural payment differences Keeping relationships with your business partners and collecting debt at same time How to approach a foreign client with outstanding payments The business case for outsourcing debt collection

Who should attend

Chief Financial Officers, Accounting Directors and Accounting Managers, Legal Directors, Credit Directors and Credit Managers, General Manager

Rates

Individual Tickets
Early Bird Individual Rate (before May 15th)	RMB 1000 / US$ 147
Standard Rate Available only	RMB 1200/$176
Corporate Table Tickets
Early Bird Corporate Table Rate (before May 15th)	RMB 4000 / US$ 588
Standard Rate	RMB 4800/$706
* Corporate Table of 5 (Book 4 to get 1 delegate free)

Click here to Book Now or contact Grace Tan
Tel:	+86 (0) 21 5187 9633 ext 851
Fax:	+86 (0) 21 5385 8953
Email:	conference@sinomedia.net
Website:	www.chinaeconomicreview.com/conferences

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