Singapore Court of Appeal lifts automatic stay in recognition application under Singapore’s UNCITRAL Model Law on Cross-Border Insolvency
By Samuel Loh and Stanley Tan (BlackOak LLC)
Introduction
In Ascentra Holdings, Inc (in official liquidation…
Singapore Restructuring & Insolvency Yearbook 2023
By Smitha Menon, Lionel Leo, Stephanie Yeo, Joel Chng, Daniel Liu, Tan Kai Yun, Clayton Chong, Adnaan Noor, Eden Li, Muhammed Ismail Noordin (WongPartnership)
Introduction
2023 was a…
The Use of Pre-Packed Parallel Schemes: Case Study of Century Sunshine
By Darius Tay, Shu Kit, Samuel Loh, and Sukritta Panutrakul (BlackOak LLC)
The BlackOak team advised Century Sunshine Holdings Group Ltd (the “Company”) on the Singapore law…
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…