Credit & Security – Singapore Legal Developments & Case Commentaries

Restraining Calls on Performance Bonds

Jul 18, 2019

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in Case Commentary, Commentary, Contract, Credit & Security, Evidence, Food, Injunctions, law, Self Help

Case Commentary [Contract Law / Performance Bonds / Evidence] In the decision by the #Singapore Court of Appeal (the “SCA“) in Bintai Kindenko P/L v Samsung C&T Corp and Anor [2019] SGCA 39 (the “Judgment“) the SCA upheld the High Court’s decision to discharge an interim *preventing* a party from calling on a performance bond (a “PB“), i.e. the…

Determining The Nature of Security – Case Commentary: Qilin World Capital Ltd v CPIT Investments Ltd and another appeal [2018] SGCA(I) 1 [Credit & Security]

Mar 8, 2018

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Alexander Pang

in Case Commentary, Commentary, Credit & Security, Food, law, Self Help

In the Singapore Court of Appeal’s judgment in Qilin World Capital Ltd v CPIT Investments Ltd and another appeal [2018] SGCA(I) 1 (available as of 8 March 2018 on Singapore Law Watch here) (the “Judgment“), the Court was tasked to determine the nature of security granted by one party to another in consideration of a loan.…

The Registrability of Contractual Liens under Section 131 of the Companies Act

Aug 16, 2017

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Alexander Pang

in Commentary, Company Law, Credit & Security, Food, law, Self Help

The SG High Court holds that a contractual lien over sub-freight and sub-hire is registrable as a charge under Section 131 of the Companies Act.

Purchaser’s (of land) Lien Constitutes A Security Interest That May Be The Subject Matter of a Caveat Against The Relevant Property [Land Law] [Credit & Security]

Jul 31, 2017

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Alexander Pang

in Commentary, Credit & Security, Food, law, Property & Land, Remedies, Self Help

In the recent Singapore High Court decision in PACC Offshore Services Holdings Ltd v Kensteel Engineering Pte Ltd [2017] SGHC 175 , Justice Tan Siong Thye held that a purchaser’s (of land) lien over monies paid as a deposit creates a security interest that is capable of being the subject matter of a caveat. The…

Category: Credit & Security

Restraining Calls on Performance Bonds

Determining The Nature of Security – Case Commentary: Qilin World Capital Ltd v CPIT Investments Ltd and another appeal [2018] SGCA(I) 1 [Credit & Security]

The Registrability of Contractual Liens under Section 131 of the Companies Act

Purchaser’s (of land) Lien Constitutes A Security Interest That May Be The Subject Matter of a Caveat Against The Relevant Property [Land Law] [Credit & Security]