Foreign and comparative law, Small companiesBy Chalerm Jaitang (Prince of Songkla University), Zhaohua Li (Lincoln University), and Christopher Gan (Lincoln University)IntroductionSmall and Medium-sized Enterprises (“SMEs”) are essential to Thailand’s economy. Although they…
Cross-border insolvencyBy Yeejin Jang (University of New South Wales), Jenny Jihyun Tak (University of New South Wales) and Wei Wang (Queen’s University)SummaryThe restructuring of financially distressed multinational companies is often complex and costly…
Insolvency and technologyBy Joke Baeck and Stijn Van Ruymbeke (Ghent University)Financial distress among companies poses a significant challenge to economic stability. Timely and effective intervention is essential. In Belgium, the Chambers for Companies in…
Cross-border insolvencyBy Daniel Carnio Costa (Danial Carnio Advogados & Pontifícia Universidade Católica de São Paulo)IntroductionThe globalization of economic relations, intensified from the 1960s onwards, has fostered exponential growth in international…
Foreign and comparative law, WorkoutsBy Midori Yamaguchi (Mori Hamada & Matsumoto)IntroductionJapan has long relied on court-supervised restructuring proceedings. However, over the past two decades, Japan has developed several structured out-of-court workout frameworks. These…
Foreign and comparative law, WorkoutsBy Kotaro Fuji and Marie Tanaka (Nishimura & Asahi)1. IntroductionA new law, called the “Early-Stage Business Restructuring Act” (“New Act”), which introduces a new out-of-court workout structure (“New Regime”) in Japan, was…
Singapore insolvency and restructuring lawBy Debby Lim (Dentons Rodyk & Davidson LLP)OverviewWe provide an update on the recent decision of the Singapore Court of Appeal in UT Singapore Services Pte Ltd v. Goh Thien Phong & Ors [2025] SGCA 17. The issues considered include the…
Economic and financial issues in insolvencyBy Neeti Shikha and Emily Reeve (University of the West of England)India’s personal insolvency framework is at a crossroads. As household debt climbs, digital lending proliferates, and economic shocks from job losses to rising living costs…
Economic and financial issues in insolvency, Foreign and comparative lawBy David Chew (Partner, DHC Capital) IntroductionPrivate credit continues to be in a boom phase and is experiencing rapid growth in terms of new fund launches and increasing deal sizes.In this article, which follows on from our 2024 report, we…
Economic and financial issues in insolvency, Foreign and comparative lawBy Midori Yamaguchi (Mori Hamada & Matsumoto, Tokyo, Japan)Debtor-in-possession (DIP) financing is known as the supply of additional financing to financially distressed debtors undergoing insolvency procedures. This kind of loan has become an…