Category: law
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The Registrability of Contractual Liens under Section 131 of the Companies Act
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.
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![Critical Considerations For Financially Beleaguered Companies Making Repayments Prior To Insolvency [Insolvency and Company Law]](https://alexanderpang.com/wp-content/uploads/2017/08/10778543254_6b98c42ef3_k.jpg?w=1024)
Critical Considerations For Financially Beleaguered Companies Making Repayments Prior To Insolvency [Insolvency and Company Law]
A summary of the transactions entered into by a company (pre-insolvency) which may be subject to challenge by a liquidator of an insolvent company under Singapore law.
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![An Obligation To Conduct “Due Inquiry” Prior To Termination For Cause? [Employment Law]](https://alexanderpang.com/wp-content/uploads/2017/08/35440201624_471ec51eee_k.jpg?w=1024)
An Obligation To Conduct “Due Inquiry” Prior To Termination For Cause? [Employment Law]
The Singapore High Court opines on what an employer’s duty is to conduct “due inquiry” prior to exercising its right of summary termination.
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![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]](https://alexanderpang.com/wp-content/uploads/2017/07/36231355676_febb20eb1c_k.jpg?w=1024)
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]
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…
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![Edge of Tomorrow: Singapore’s Debt-Restructuring Regime Revised [Insolvency & Restructuring Law]](https://alexanderpang.com/wp-content/uploads/2017/07/l1001050-edit-leica-m10-35-mm-1-750-sec-iso-100.jpg?w=1024)
Edge of Tomorrow: Singapore’s Debt-Restructuring Regime Revised [Insolvency & Restructuring Law]
Mr Thio Shen Yi S.C. and I review the revisions to Singapore’s Companies Act (Cap. 50) insolvency and restructuring provisions, as well as the adoption of the UNCITRAL Model Law on Cross Border Insolvency. This review was published in the June 2017 edition of the Singapore Law Gazette and may be viewed here.
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10 Things I Wish I Knew When I Started Practice (And How To Be A Better Lawyer)
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 there who perhaps find themselves in situations…
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![Upcoming Changes to the Debt Restructuring Regimes in Singapore [Insolvency & Restructuring Law]](https://alexanderpang.com/wp-content/uploads/2017/05/34729792976_30d1c12a8a_o.jpg?w=1024)
Upcoming Changes to the Debt Restructuring Regimes in Singapore [Insolvency & Restructuring Law]
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 of 2018. The key features of the…
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![Singapore: The Legality of Telemedicine [Medical Law]](https://alexanderpang.com/wp-content/uploads/2017/04/13998860663_58755ea9f6_k.jpg?w=1024)
Singapore: The Legality of Telemedicine [Medical Law]
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 acquisition is that it would:- “…accelerate our…
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![Fixing Too-Big-To-Fail [Banking Law] [Foreign Law Commentary]](https://alexanderpang.com/wp-content/uploads/2017/04/33251816086_f2164dcc5b_k.jpg?w=1024)
Fixing Too-Big-To-Fail [Banking Law] [Foreign Law Commentary]
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 50 billion suffers from financial collapse. Subject…
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![The Judicial Management of Swissco Holdings Limited [Insolvency & Restructuring Law]](https://alexanderpang.com/wp-content/uploads/2017/04/23828155731_5a6f369bd6_k.jpg?w=1024)
The Judicial Management of Swissco Holdings Limited [Insolvency & Restructuring Law]
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 (3) reasons why a company is placed…