Foreign and comparative lawGuide on Restructuring, Turnaround and Insolvency in Asia Pacific
By Paul Apáthy, Alexander Aitken, Debby Sulaiman and Jamie McLaren (Herbert Smith Freehills)
Herbert Smith Freehills has recently launched the 2023 edition of their Guide to…
Foreign and comparative lawCan restructuring plans strip out third party guarantees?
By Helen Coverdale (Norton Rose Fulbright LLP)
The English High Court has considered whether the new restructuring plan under Part 26A of the Companies Act 2006 (CA 2006) can release…
Singapore insolvency and restructuring lawLiquidators 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…
Foreign and comparative lawJapan to introduce long-awaited majority voting rule for out-of-court workout
By Hiroshi Kasuya, Junya Suzuki and Masayoshi Kobayashi (Baker & McKenzie - Gaikokuho Joint Enterprise)
Introduction
In Japan, any out-of-court workout requires the…
Singapore insolvency and restructuring lawSubstantial 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…
Singapore insolvency and restructuring lawUnprecedented 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…
Singapore insolvency and restructuring lawCan 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…
Foreign and comparative lawRestructuring Officers and Schemes of Arrangement: A Modernisation of Cayman Islands Insolvency
By Julie Engwirda, Wenhao Han, Nick Hoffman, Andrew Johnstone, Paula Kay, Vicky Lord, Paul Madden, Ian Mann, William Peake, Chai Ridgers, Nicola Roberts…
Insolvency and alternative dispute resolutionADR in Insolvency Proceedings
By Kenneth Lim Tao Chung and Chew Jing Wei (Allen & Gledhill LLP)
Introduction
In this post, we discuss some of the key points with respect to the application of ADR techniques (specifically, mediation,…
Singapore insolvency and restructuring lawPre-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…