Insolvency and technology, Singapore insolvency and restructuring lawFrom Re Gatecoin to ByBit: The solidification of the nature of crypto assets as “property”
By Kartikey Mahajan, Bhavya Chengappa, and Aayushi Singh (Khaitan and Co)
Background
The Courts of both Hong Kong and Singapore have declared…
Singapore insolvency and restructuring lawThe director’s duty to consider creditor interests
By Charles McConnell (White & Case LLP)
In Foo Kian Beng v OP3 International Pte Ltd (in liquidation) [2024] SGCA 10 (OP3 International), the Singapore Court of Appeal considered the trigger…
Foreign and comparative lawFTX’d: Conflicting Public and Private Interests in Chapter 11
By Jonathan Lipson (Temple University) and David Skeel (University of Pennsylvania)
We often hear (and sometimes say) that the “public interest” plays a role in chapter 11…
Singapore insolvency and restructuring lawUnpacking Directors’ Duties to Creditors: A Close Look at the OP3 International Decision
By Manoj Sandrasegara, Smitha Menon, Joy Tan, Kevin Ho, Lionel Leo, Stephanie Yeo, Joel Chng, and Tan Kai Yun (WongPartnership LLP)
Introduction…
Cross-border insolvencyFull-steam Ahead for Mainland-Hong Kong Cooperation Mechanism to Recognise and Assist Insolvency Proceedings in Pilot Areas and Beyond
By Vincent Law, Raymond Yang, Johnson Ng, Emily Chen (Mayer Brown)
The pilot measure for mutual recognition and…
Foreign and comparative lawMalaysia’s Companies Amendment Act 2024 Strengthens its Restructuring and Corporate Rescue Landscape
By Lee Shih (Lim Chee Wee Partnership)
The Companies (Amendment) Act 2024 (“Amendment Act”), save for a few sections, came into force on 1 April…
Insolvency and technologyCrypto Failures: Contract, Property and Regulatory Law
By Ilya Kokorin (Leiden University)
Introduction
2022 and 2023 are widely regarded as the years of crypto bankruptcies. The collapses of Three Arrows Capital, Voyager, Celsius, FTX/Alameda,…
Insolvency and technology, Singapore insolvency and restructuring lawCryptocurrency related Situs Issues: An analysis of Cheong Jun Yoong v. 3AC
By Kartikey Mahajan, Bhavya Chengappa and Aayushi Singh (Khaitan and Co)
The General Division of the High Court of Singapore (SGHC) in Cheong Jun Yoong v Three Arrows…
Singapore insolvency and restructuring lawBridge over troubled water – SGX’s proposed enhancements to the corporate restructuring and trading resumption framework
By Valerie Ong, Debby Lim, and Ian Low (Dentons Rodyk)
Introduction
No company is immune to financial troubles in the…
Foreign and comparative lawThe Beauty of Belk’s Sixteen-Hour Bankruptcy Case
By Robert K Rasmussen (University of Southern California) and Roye Zur (Elkins Kalt Weintraub Reuben Gartside)
In recent years, Chapter 11 of the Bankruptcy Code has prompted critics to claim that…