An alternative paradigm for Singapore jurisdiction in cross-border insolvency?
By Dawn Tan Ly-Ru and Tristan Teo (Ashurt ADTLaw LLC)
Singapore aims to become a hub for international corporate and debt restructuring. The foundations for…
The Singapore Court of Appeal considers the UNCITRAL Model Law
By Alexander McMyn, Charles McConnell and Joann Ho (White & Case)
Summary
The automatic stay under the version of the UNCITRAL Model Law on Cross-Border Insolvency adopted…
Crypto-Bankruptcy Claims: When the Going Gets Tough, the Tough Get Trading
By Divyansh Dev (Borden Ladner Gervais LLP)
The domino-like collapse of crypto-traders is catalyzing the commodification of bankruptcy claims. For example,…
The Evolution of Debtor-in-Possession Financing in the United States: Lessons from Professor Ayotte’s SGRI Lecture
By Aurelio Gurrea-Martínez (Singapore Management University)
In the past couple of weeks, we have had the immense honor to…
The Third Circuit’s New One-Step: Good Faith as Purpose in LTL
By Jonathan C. Lipson (Temple University Beasley School of Law)
The Third Circuit’s recent opinion in LTL—the so-called “Texas Two-Step” case—might surprise some bankruptcy…
The Limits to a Moratorium: Interplay Between the Indian Insolvency and Bankruptcy Code and Defensive Proceedings
By Abhijnan Jha and Chetan Chawla (AZB & Partners)
Section 14 of the Indian Insolvency and Bankruptcy Code, 2016 (‘IBC’) imposes…
Guide on Restructuring, Turnaround and Insolvency in Asia Pacific
By Paul Apáthy, Alexander Aitken, Debby Sulaiman and Jamie McLaren (Herbert Smith Freehills)
Hebert Smith Freehills has recently launched the 2023 edition of their Guide to…
Can restructuring plans strip out third party guarantees?
By Helen Coverdale (Norton Rose Fulbright LLP)
The English High Court has considered whether the new restructuring plan under Part 26A of the Companies Act 2006 (CA 2006) can release…
Liquidators Take Note: No Retrospective Authorisation for Exercise of Liquidators’ Powers
By Joel Chng and Clayton Chong (WongPartnership)
Re Kirkham International Pte Ltd (in compulsory liquidation) [2023] SGHC 19 (Kirkham) has important…
Japan to introduce long-awaited majority voting rule for out-of-court workout
By Hiroshi Kasuya, Junya Suzuki and Masayoshi Kobayashi (Baker & McKenzie - Gaikokuho Joint Enterprise)
Introduction
In Japan, any out-of-court workout requires the…