Recognising Foreign Proceedings under Singapore’s Restructuring and Insolvency Regime: Court of Appeal Clarifies Whether Company Must be Insolvent By Sim Kwan Kiat, Sheila Ng and Walter Yeo (Rajah & Tann Singapore LLP) Introduction…
Singapore court grants sanction of scheme of arrangement between a crypto company and its users By Sheila Ng, Benedict Tedjopranoto and Naomi Lim (Rajah & Tann Singapore LLP) Introduction Section 210 of the Companies Act 1967 ("Companies…
Cross-class cramdown of secured creditors – Singapore’s implementation of a US Chapter 11 tool By Muhammed Ismail Noordin and Eden Li (WongPartnership LLP) With the introduction of cross-class cramdown provisions into Singapore’s Insolvency,…
Cross-Border Restructuring and Insolvency in the SICC By Manoj Pillay Sandrasegara, Mark Choy, Clayton Chong and Adnaan Noor (WongPartnership LLP) Singapore has invested significant efforts in positioning itself as a regional restructuring hub in…
An alternative paradigm for Singapore jurisdiction in cross-border insolvency? By Dawn Tan Ly-Ru and Tristan Teo (Ashurst 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…
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…
Substantial Connections and Extended Moratoriums – Why the Insolvency, Restructuring and Dissolution Act 2018 (IRDA) May Continue to Attract Restructuring Proponents to Singapore By Masi Zaki & Kate Spratt (Squire Patton Boggs) The economic…
Unprecedented order for the compulsory appointment of a CRO in Singapore restructuring proceedings By Rob Child, Jean Woo, Karan Puri (Ashurst) and Matt Becker (Deloitte) The Singapore High Court makes an unprecedented order for the compulsory…
Can a shareholder or contributory oppose an application to wind up a company? By Wong Chee Lin and Janice Ooi (Skrine) Introduction In the recent case of Atlas Equifin Pte Ltd v Electronic Cash and Payment Solutions (S) Pte Ltd (Andy Lim…