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…
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…
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…
The Key to Lock-up Arrangements: Singapore High Court issues first written guidance on lock-up agreements in Schemes of Arrangement By Debby Lim and Alexander Kamsany Lee (Dentons Rodyk & Davidson LLP) Introduction The key to a successful…
Singapore High Court Decision Clarifies when Foreign Debtors may Restructure Debts in Singapore By Daniel Chia and Jonathan Tang (Morgan Lewis Stamford LLC) The Singapore High Court has clarified the definition of “centre of main interests” in…