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.
The Singapore High Court opines on what an employer’s duty is to conduct “due inquiry” prior to exercising its right of summary termination.
In the recent Singapore High Court decision in PACC Offshore Services Holdings Ltd v Kensteel Engineering Pte Ltd  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 […]
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 […]
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 […]
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 […]