Case Commentary: BMM v BMN [2017] SGHC 131 The general principle concerning the presumption of advancement is that where a man transfers a gift to his wife or to his children, it is presumed that he intended for the legal and beneficial interest to pass to either party. The reverse […]
Like Irving Younger’s 10 Commandments of Cross-Examination, these are the 10 things I wish I knew – and which I still try to digest – when I started practice (and naturally as I continue practice). I thought this somewhat neurotic piece might speak to the junior lawyers out […]
Mr Shen Yi Thio S.C., Mr Patrick Ang and I share our views, reported in the Straits Times here, in relation to the new insolvency and restructuring laws that are set to come into effect sometime either in the second half of 2017 or in the early part […]
The Financial Times has today reported that Beckton Dickinson (“BD“) – a New Jersey based medical technology company – is set to acquire Bard (a healthcare equipment manufacturer) for USD 24 billion in cash and shares. One of the reasons cited by BD’s chief executive in connection with the […]
Disruptor set to acquire 3rd largest taxi fleet operator
US Congress Passes Financial Institutions Bankruptcy Act 2017 (FIBA) The Global Restructuring Review recently reported that the US Congress passed the FIBA on 5 April with the objective of amending the Bankruptcy Code to provide a framework to address the contingency where a financial institution with assets in excess of USD […]
Swissco Holdings Limited (“Swissco“) was officially placed in judicial management on 21 April 2017. Messrs Angela Ee and Purandar Rao of Ernst & Young – previously the interim judicial managers – have now been appointed as permanent Judicial Managers (“JMs“). Generally, there are one or more of three […]
*Originally published on LinkedIn here. Certain further amendments and changes to the content have been made. At the INSOL 2017 Congress, one of the hot topics was the upcoming legislative amendments to Singapore’s Companies Act, coming into effect this 31 March 2017 videthe Companies (Amendment) Bill 2017 (the […]
*Originally published on LinkedIn here. Certain further amendments and changes to the content may have been made. [A] Adopting the Guidelines for Communication and Cooperation between Courts in Cross-Border Insolvency Matters On 1 February 2017, the Singapore Supreme Court and the US Bankruptcy Court for the District of […]
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 […]
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