Singapore insolvency and restructuring lawSingapore Court of Appeal holds that companies are now to be adjudged insolvent using only the cash flow test
By Meiyen Tan and Keith Han (Oon & Bazul)
In Sun Electric Power Pte Ltd v RCMA Pte Ltd (formerly known as Tong Teik Pte Ltd) [2021]…
Foreign and comparative lawAn Australian perspective – directors’ duties in an insolvency context: existing regulations and opportunities for reform under UNCITRAL Legislative Guide framework
By Scott Atkins (Norton Rose Fulbright and INSOL International) and Dr…
Insolvency and technologyWhen (Insolvency) Law and Digital Technologies Meet: Two Observations
By Ilya Kokorin (Leiden University)
Introduction
In her bestselling book The Code of Capital: How the Law Creates Wealth and Inequality, Katharina Pistor (Columbia Law School)…
Foreign and comparative lawMandatory Disclosure in Corporate Debt Restructuring via Schemes of Arrangement
By Wai Yee Wan (City University of Hong Kong) and Casey Watters (Bond University)
Creditors often face significant information asymmetry when debtor companies seek to…
Foreign and comparative lawRethinking Priority: The Dawn of the Relative Priority Rule and the New ‘Best Interest of Creditors’ Test in the European Union
By Axel Krohn (Martin-Luther-University Halle-Wittenberg)
The European Directive on restructuring and insolvency (“…
Insolvency and alternative dispute resolutionWhen Arbitration Meets Bankruptcy: Considering Arbitration Options in the Wake of a Growing Rise in Corporate Insolvencies
By Shana A Elberg and Jennifer Permesly (Skadden, Arps, Slate, Meagher & Flom LLP)
Introduction
The economic hardships…
Economic and financial issues in insolvencyBankruptcy’s Cathedral
By Vincent Buccola (Wharton School, University of Pennsylvania)
What good can a corporate bankruptcy regime do in a modern economy? The question bears asking because the environment in which distressed companies find…
Singapore insolvency and restructuring lawCourt Intervention in a Judicial Manager's Decision - The Test for Unfair Prejudice
By Mark Cheng and Ho Zi Wei (Rajah & Tann Asia)
Introduction
Under Singapore's restructuring and insolvency regime, a judicial manager has a degree of…
Singapore insolvency and restructuring lawGuide to Conducting Applications for Moratoria Pursuant to Schemes of Arrangement
By Sheila Ng and Raelene Pereira (Rajah & Tann Asia)
Introduction
The Insolvency, Restructuring and Dissolution Act 2018 ("IRDA") allows a company…
Singapore insolvency and restructuring lawWho can decide to put a company into a creditors’ voluntary liquidation: the members, the creditors and/or someone else?
By Kia Jeng Koh (Dentons Rodyk & Davidson LLP)
Introduction
The Court of Appeal (SGCA) had the opportunity to…