Pre-pack Schemes: Singapore Perspective - Lessons after 5 Years  By David Chew (Partner, DHC Capital) What is a pre-pack? A pre-pack generally refers to a restructuring that is pre-agreed between debtors and creditors and then implemented…
SICC's Jurisdiction over Cross-Border Restructuring and Insolvency Matters By Sheila Ng and Sim Kwan Kiat (Rajah & Tann LLP) Introduction Businesses are increasingly spreading their footprint across jurisdictions, be it through the…
Hong Kong: Judicial guidance on schemes of arrangement in cross-border insolvencies By Kwun-Yee Cheung and Edmund Ma (Baker McKenzie) In brief On 27 May 2022, the Honorable Mr. Justice Harris sanctioned a scheme of arrangement introduced by…
The New Italian Insolvency Code By Paolo Manganelli and Tommaso Paltrinieri (Ashurst LLP) On 15 July 2022, the new Italian code for business crisis and insolvency (the "New Code"), which was adopted by Legislative Decree No. 14/2019, entered into…
The Cross-Class Cramdown – Global Perspectives By Ajinderpal Singh and Debby Lim (Dentons Rodyk LLP) Introduction Since its inception by way of Chapter 11 of the United States Bankruptcy Code (“Chapter 11”) in 1978, cross-class…
Insolvency and Arbitration: Clash of Cultures? By Sheila Ng (Rajah & Tann LLP), Felicity Toube KC and Matthew Abraham (South Square) Legislative provisions in the Insolvency Act 1986 addressing transactions entered into at an undervalue by a…
Leash or noose: regulating the conduct of directors of an insolvent company By Clayton Chong (WongPartnership LLP) When one imagines the hypothetical director that insolvency law tries to regulate, three archetypes come to mind: the Founder, the…
The Rapid Commercialisation of Outer Space and the Implications for the Restructuring and Insolvency Industry  By Scott Atkins (Norton Rose Fulbright)   We are now in the midst of a new commercial space era.  Worldwide, the space…
Court Determines When It Will Allow the Transfer of Shares in Insolvent Company By Priscilla Soh and Ho Zi Wei (Rajah & Tann Singapore LLP) Introduction When a company commences winding-up, the disposition of its property and the transfer…
Chapter 11 proceedings of REITs are not recognised under the Singapore Model Law By Alexander McMyn, Charles McConnell and Joann Ho (White & Case) In Re Tantleff, Alan [2022] SGHC 147, the Singapore High Court considered for the first time…