Malaysia’s Companies Amendment Act 2024 Strengthens its Restructuring and Corporate Rescue Landscape By Lee Shih (Lim Chee Wee Partnership) The Companies (Amendment) Act 2024 (“Amendment Act”), save for a few sections, came into force on 1 April…
Crypto Failures: Contract, Property and Regulatory Law By Ilya Kokorin (Leiden University) Introduction 2022 and 2023 are widely regarded as the years of crypto bankruptcies. The collapses of Three Arrows Capital, Voyager, Celsius, FTX/Alameda,…
Cryptocurrency related Situs Issues: An analysis of Cheong Jun Yoong v. 3AC By Kartikey Mahajan, Bhavya Chengappa and Aayushi Singh (Khaitan and Co) The General Division of the High Court of Singapore (SGHC) in Cheong Jun Yoong v Three Arrows…
Bridge over troubled water – SGX’s proposed enhancements to the corporate restructuring and trading resumption framework By Valerie Ong, Debby Lim, and Ian Low (Dentons Rodyk)  Introduction No company is immune to financial troubles in the…
The Beauty of Belk’s Sixteen-Hour Bankruptcy Case By Robert K Rasmussen (University of Southern California) and Roye Zur (Elkins Kalt Weintraub Reuben Gartside) In recent years, Chapter 11 of the Bankruptcy Code has prompted critics to claim that…
Game Theory in Action: Making the Deal Happen in Large and Complex Debt Restructurings (2/2) By Ravindran Navaratnam (Sage 3) Introduction In the first part of the series, we shed light on the dynamics that exist between the borrowers and…
Final ruling of the Dutch Supreme Court on the pre-pack of Heiploeg By Omar Salah and Alexander Govers (Norton Rose Fulbright) Introduction On 6 October 2023, the Dutch Supreme Court granted its final ruling on the pre-pack in the Heiploeg-case…
Singapore International Commercial Court recognises Garuda’s Indonesian restructuring in landmark decision By Nandakumar Ponniya, Emmanuel Chua, Darrell Lee, and Yong Li Yap (Baker McKenzie Wong & Leow) On 18 January 2024, the Singapore…
When informal workouts don’t work out: English High Court rules bank that lent support to restructuring did not dishonestly assist in putting assets beyond creditors’ reach By Gareth Thomas, Jojo Fan, Peter Ng, and Grace Lee (Herbert Smith…
English High Court confirms validity of Galapagos SA out of court restructuring By Gemma Long and Helen Coverdale (Norton Rose Fulbright)  Overview The long running saga in relation to the 2019 Galapagos SA out of court restructuring appears…