Category: Schemes of Arrangement

Contingent Liabilities As A Basis For The Composition of Debts [Insolvency Law] [Restructuring] [Company Law] [Companies Act] [Statutory Interpretation]

In the freshly released judgment in Re Empire Capital Resources Pte Ltd [2018] SGHC 36, the Singapore High Court reiterated that a scheme of arrangement under Singapore law could lawfully release third-party claims, i.e. the creditors’ claims against entities / persons other than (or in addition to) the […]

Part 1: Building “Brand Singapore”​ as an International Hub for Debt Restructuring (Part 1) [Insolvency & Restructuring Law]

Introduction The landmark decision of the Singapore High Court inRe Pacific Andes Resources Development Ltd and other matters [2016] SGHC 210 (“Re PARD” or the “Judgment“) is demonstrative of the present attitude and policy objectives of the Singapore Courts towards creating an environment conducive to cross-border restructuring. A […]