Coudert Brothers Hosts December 3 Teleconference

Coudert Brothers llp

Global Legal Advisers

Presents

A Live Teleconference Seminar From
SHANGHAI, TOKYO AND NEW YORK

The Road to Hell is NOT always
Paved with Good Intentions:
The Greater Beijing First Expressways Saga

Featuring

EDWARD H. TILLINGHAST, III
Coudert Brothers llp
New York

and

OWEN D. NEE
Coudert Brothers llp
Shanghai

Moderated by

BARRY METZGER
Coudert Brothers, New York and formerly General Counsel of the Asian Development Bank

Wednesday, December 3, 2003
10:00 a.m. (New York Time)
11:00 p.m. (Hong Kong Time)

The recent $200 million sale of Greater Beijing First Expressways' joint venture interests in several toll road projects in China through judicial liquidations in Hong Kongand the British Virgin Islands are the first judicial liquidations of a Chinese joint venture. These liquidations provided a dramatic recovery from a troubled series of investment projects in China, and required a carefully choreographed series of litigations and negotiations to preserve value and maximize the return to bondholders. Coudert Brothers LLP served as legal counsel to the ad hoc committee of bondholders and the indenture trustee and led the international recovery effort. Our teleconference will explore " lessons learned " which may be relevant to other troubled projects in China.

This Seminar is Co-Sponsored by

There is no charge for participation in this teleconference seminar other than participants’ own telephone charges to the conference port. Prior registration is required by completion of the form below. Contact information for the call will be available on July 14, 2003. We invite you to forward this flyer to your colleagues and contacts working in Asia, and to those with business interests there.

This program is part of the 2003 series of Coudert Brothers LLP teleconference seminars on Current Developments in Trade and Investment in the People’s Republic of China. Participants in the July program will be provided with information regarding future teleconferences.
To participate in this teleconference, please complete and send the attached registration form to:

Coudert Brothers LLP Teleconference Seminars on
Current Developments in Trade Investments in the People’s Republic of China
Attn: Ms. Jennifer Manfredonia
Tel: 212 626 4707 Fax: 212 626 4120
Email: manfredoniaj@coudert.com

Registration Form

I wish to participate in the Coudert Brothers LLP teleconference seminar on Wednesday, December 3, 2003, at 10 a.m. in New York and 11 p.m. in Hong Kong.

Name:________________________________________Title:__________________

Corporation/Organization:______________________________________________
Address:____________________________________________________________

____________________________________________________________________

Telephone:____________________________ Fax:________________________

E-mail:_____________________________________________________________

Nature of Current Responsibilities relating to China:

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How did you hear about our Teleconference Series?

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