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…
Singapore insolvency and restructuring lawSICC'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…
Cross-border insolvencyHong Kong: Judicial guidance on schemes of arrangement in cross-border insolvencies
By Kwun-Yee Cheung and Edmund Ma (Baker McKenzie)
In brief
On 27 May 2022, the Honorable Mr. Justice Harris sanctioned a scheme of arrangement introduced by…
Foreign and comparative lawThe New Italian Insolvency Code
By Paolo Manganelli and Tommaso Paltrinieri (Ashurst LLP)
On 15 July 2022, the new Italian code for business crisis and insolvency (the "New Code"), which was adopted by Legislative Decree No. 14/2019, entered into…
Foreign and comparative lawThe Cross-Class Cramdown – Global Perspectives
By Ajinderpal Singh and Debby Lim (Dentons Rodyk LLP)
Introduction
Since its inception by way of Chapter 11 of the United States Bankruptcy Code (“Chapter 11”) in 1978, cross-class…
Insolvency and alternative dispute resolutionInsolvency and Arbitration: Clash of Cultures?By Sheila Ng (Rajah & Tann LLP), Felicity Toube KC and Matthew Abraham (South Square)Legislative provisions in the Insolvency Act 1986 addressing transactions entered into at an undervalue by a…
Foreign and comparative lawLeash or noose: regulating the conduct of directors of an insolvent company
By Clayton Chong (WongPartnership LLP)
When one imagines the hypothetical director that insolvency law tries to regulate, three archetypes come to mind: the Founder, the…