Practice
A small room on Wucyuan Road
Panel FlowHub is a corporate restructuring consulting studio, not a volume academy. We keep the cohort small because reconstruction work fails when too many people are performing expertise at once.
Mission
Give directors, lenders, and family principals in Taiwan a shared language for distressed or pre-distressed capital structures. We care less about theatrical “turnaround narratives” and more about whether cash, claims, and control can be restated without surprising the people who must sign.
The studio is based in the North District of Taichung. Distance to Taipei banks is a train ride; distance to a plant manager who still holds the inventory keys is often a taxi. We designed the practice around that geography.
Pedagogy
Every program starts with a live ledger excerpt (anonymised, numbers shifted). Participants reconstruct a 13-week cash view, then a claims waterfall, then a communication pack. Lectures exist, but they sit after the first failed attempt, not before it.
We teach in English for mixed boards and overseas lenders. Mandarin is used in workshop asides when a phrase in the Company Act does not survive translation. Materials remain in English so a Singapore desk can read them overnight.
Community
Alumni are invited to a closed quarterly table—eight seats, no slides. Past topics have included trade-credit insurance after a related-party write-down, and how a Taichung family office should minute a related-party loan that will later be subordinated. Attendance is optional; gossip is not welcome.
We do not run a public ranking of “top restructurers.” If someone needs a referral for court-supervised reorganization, we introduce licensed counsel and step back.
The student journey
Most people arrive after a credit meeting that went poorly. They take a program, sometimes only one module as a diagnostic guest, then either return to their company or ask us to staff a short mandate. The path is not a funnel; some of our best students never become clients because their boards already have the right counsel.
Guests from banks sit in a different chair from issuer-side finance leads. We say that out loud at the door so nobody pretends otherwise.
