With Wing Tsun Kung Fu, my martial art of choice, I have learned a great deal about strategy, and the use of a methodical, patient and deductive approach to anticipating an opponent’s actions. The ability to plan in advance and strategically is a key part of Wing Tsun Kung Fu Fighting. Some of the basic principles involve planning based on certain given elements, and that these elements must co-exist to achieve a successful outcome. This is akin to the basic principles of corporate restructuring, in which many elements must be considered and allowed to gel before a successful restructuring process can be achieved. The recent legal notices from Kroll are a classic example of how the implementation process in Wing Tsun Kung Fu fighting can be visualised in a manner by which a corporate restructuring professional can understand the process that has taken place by the implementing party. These are complex and wordy documents, but once analysed, the clear structure becomes apparent.
Using Eye Contact / Eyes in the Sky (Analysing Neighbours), to Identify Harmful Actions An older Wing Tsun Kung Fu master, Wong Shun Leung, famously stated that “you will know your opponent’s intention by looking into their eyes”. That is, that through using this method, you can understand your opponent’s intentions. The very concept of Kroll Restructuring Administration Legal Notices is to inform creditors that certain actions have come into being. The information provided to creditors, is a process of identifying that certain intentions have come into effect with respect to the creditors shares of the third party. The overall intention is to provide notice to creditors that certain actions are being undertaken by the third party, and to give any creditor who wishes to, the opportunity to make a claim. In this case, actions have been undertaken to achieve an insolvency status, and the intention of the insolvency practitioner laid out for all to see. Of course, a key element of the Kroll Restructuring Administration Legal Notices, is the Notice of the kroll restructuring administration appointment itself. As such, this is the first thing to see and take notice of. Other notices follow only if the first notice exists. There is a nice likeness to the free look that is offered by a kick to the leg, as a means of breaking down the defence before the actual technique is applied. On this basis, one can then actually look around and ask questions. What does this person intend to do now? What has this “notice” told me about what this third party intends to do next? This is the level of anticipation that Wing Tsun Kung Fu aims to achieve. Once you have done this, you then move on to a different level of analysis. That is, being able to not only understand what the other party intends to do next, but also being in a position to understand what the other party intends to do if a certain action is undertaken. This can then be used as a basis for understanding when and how to react to various circumstances as they arise. As such, in Wing Tsun Kung Fu, one is able to deduce the methods of “footwork” based on what is observed with the opponent, and develop a series of techniques in response to a set of observations. This is used for both offence, and defence purposes. Looking at the Kroll Restructuring Administration Legal Notices, this becomes even more apparent. In effect, whereas the Kroll Restructuring Administration Legal Notices consist of a series of individual documents and multiple jurisdictions, in a martial arts context, the Chinese phrase of “Jat Jeuk Dei Chaam Taai” could be used to describe the whole process. That is, the equivalent of getting your opponent to commit to the use of a set technique by “exposing” them to a new situation. For example, if you kick someone in the leg, you have placed them in a situation that they are likely to respond to in a similar manner the next time you kick them in the leg. These are the practical applications of Wing Tsun Kung Fu fighting, when applied to the Kroll Restructuring Administration Legal Notices.