Oct 14: Chamber Of Commerce To Host Webinar

October 5, 2020

The Bermuda Chamber of Commerce will be hosting a webinar on Facing Insolvency: Considerations for Owners and Directors on Wednesday, October 14th from 12.00pm to 1.30pm.

A spokesperson said, “The Bermuda Chamber of Commerce is pleased to announce a webinar on Facing Insolvency: Considerations for Owners and Directors. Open to members and non members, the session will take place via Zoom on Wednesday, October 14th from 12:00pm-1:30pm.

“Joining us will be Mr. Mike Penrose, from KPMG in Bermuda and Mr. Rhys Williams from Conyers, Dill & Pearman. At this informative session Mr. Penrose and Mr. Williams will review the steps businesses should take to protect themselves in the insolvency process. They will discuss identifying insolvency signals, fiduciary duties and responsibilities in a potential insolvent situation, process options and the liquidation process.

“Who should attend? Persons with financial and overall responsibilities for the financial health and welfare of businesses.”

Mike Penrose, Senior Manager at KPMG in Bermuda states: “I look forward to co-presenting the upcoming webinar with Rhys Williams at Conyers, where we will focus on corporate insolvency issues for Owners, Directors and their organizations. We anticipate that attendees will emerge with a basic level of knowledge that will allow them to move forward more confidently when their organization is faced with financial difficulty.”

Kendaree Burgess, CEO at the Bermuda Chamber of Commerce shares: “We are pleased to be able to present this session on Insolvency, to support Bermuda businesses. Although it is can be a challenging and sensitive topic, the reality is that many businesses have been severely impacted by COVID-19 and are seeking support and direction to enable them to make the best decisions for the businesses they manage.”

“Tickets are $25 for Chamber members and $35 for non-members and can be purchased in advance from the Bermuda Chamber of Commerce. Please call 295-4201, email marketing@bcc.bm or visit the Chamber website at www.bermudachamber.bm for more information.”

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