AFS Announces Additions to Board of Directors for 2021-2022
The American Foundry Society, North America’s largest and most influential metalcasting association, today announced its officers and new board members for 2021-2022.
As President, Mike Lenahan, president of KB Foundry Services in Independence, Ohio.
As Vice President, Adam San Solo, director of sales and engineering at U.S. Foundry & Manufacturing Company in Medley, Florida.
As 2nd Vice President, Bradford Muller, vice president of marketing at Charlotte Pipe & Foundry in Charlotte, North Carolina.
As Immediate Past President, Peter Reich, director at LaempeReich, in Trussville, Alabama.
Together with the CEO, Doug Kurkul, they comprise the Society’s Executive Committee.
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Despite a tough period for businesses in Hong Kong the introduction of a corporate rescue procedure remains elusive, says Johnson Kong, Managing Director at BDO Hong Kong
Not all jurisdictions offer companies the breathing space in which to restructure while keeping creditors at bay. In Hong Kong, for example, although recommended by the Law Reform Commission back in 1996, the introduction of a corporate rescue procedure called “provisional supervision” is still in the making.
Under administration in the UK – or Chapter 11 in the US – restructuring can take place with a moratorium on legal action. However, such mechanisms are currently out of reach in Hong Kong. Despite several promising first steps, they remain elusive, says Johnson Kong, Managing Director at BDO Hong Kong, an ICAEW Fellow and the Immediate Past President of the Hong Kong Institute of Certified Public Accountants (HKICPA).
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Marc Lieberstein, Moderator and Speaker
Kilpatrick Townsend LLP (USA)
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