Foreign and comparative lawBy Andrew Cooke and James Ballheimer (Herbert Smith Freehills Kramer)In a recent decision, the High Court granted relief in favour of a judgment creditor who had brought two applications against the first-ranking secured creditor for (i) an…
Singapore insolvency and restructuring lawBy Sheila Ng (Rajah & Tann Asia)IntroductionIn Singapore, judicial managers (“JMs“) appointed over a company are empowered to conduct a range of acts relating to the company’s business. However, JMs face removal if they fail to adhere to the…
Insolvency and alternative dispute resolution, Singapore insolvency and restructuring lawBy Sheena Heng (Supreme Court of Singapore) and Benjamin Bay (Singapore Management University)In ShortIn Hyalroute Communication Group Ltd v Industrial and Commercial Bank of China (Asia) Ltd [2025] HKCFI 2417 (“Hyalroute”), the Hong Kong Court of…
Foreign and comparative lawBy Meg Parry, Caroline Szylkrot, Anna Schwartz, Orla McCoy and Peter Bowden (Gilbert + Tobin) Key PointsThis is the first decision to directly address whether the release of security interests in exchange for payment…
Foreign and comparative lawBy Shreyas Gupta (Shardul Amarchand Mangaldas & Co.)I. Introduction: A Judgment That Shakes the FoundationsOn 13 February 2026, the Supreme Court of India delivered what may prove to be one of the most consequential judgments at the…
Cross-border insolvency, Foreign and comparative lawBy Ryo Kawabata and Midori Yamaguchi (Mori Hamada & Matsumoto)1. Introduction Many businesses today structure global enterprise groups with cross-border ramifications. As corporate operations become more international, their branches…
Cross-border insolvency, Foreign and comparative lawBy Corinne Ball, Dan Moss, Ben Rosenblum and David Torborg (Jones Day)As Chapter 15 of the Bankruptcy Code marks its twentieth year, filings and jurisprudence have grown substantially. Yet a central threshold question continues…
Foreign and comparative lawBy Stephan Degen (Heuking Germany)Five years after the German Wirecard AG announced in a disclosure of insider information that the Management Board “assumed” that the bank balances in trust accounts abroad amounting to approximately EUR 1.9 billion…
Singapore insolvency and restructuring lawBy Corrine Ball, Dan T. Moss, Sushma Jobanputra and Vinay Kurien (Jones Day)In Short The Development: On March 11, 2025, the Committee to Enhance Singapore's Corporate Restructuring and Insolvency Regime (the "Committee…
Singapore insolvency and restructuring law, Small companiesBy Debby Lim (Dentons Rodyk)With effect from 29 January 2026, Singapore has replaced the temporary COVID‑era Simplified Insolvency Programme (SIP 1.0) with a permanent framework embedded within the Insolvency, Restructuring and Dissolution…