03 Dec 2019

Going concerns - December 2019

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Welcome to the 3rd edition of Going concerns where we strive to bring you the latest updates on restructuring and insolvency law. In this issue, we provide:

  1. An update on the extent of financial disclosure that may be ordered against a company undergoing a scheme moratorium under s. 211B(6) of the Singapore Companies Act (Cap. 50);
  2. A further commentary on the Insolvency, Restructuring and Dissolution Bill;
  3. A commentary on the Singapore recognition process of foreign bankruptcies; and
  4. A case study on Sit Kwong Lam v Petrolimex Singapore Pte. Ltd [2019] HKCA 1220, the requirements that the Court will look at before granting a stay/dismissal of a bankruptcy petition in Hong Kong and the impact in Singapore.

We hope you enjoy reading this issue as much as we have enjoyed preparing it. If you have any comments or would like to learn more about any topic, please feel free to contact us.

Click here to read more.

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KEY CONTACT

Martin Brown

Martin Brown
Partner

T:  +65 6622 6232 M:  +65 9298 0045 Email Martin Office:  Singapore

Martin Green

Martin Green
Managing Partner

T:  +65 6226 1600 M:  Email Martin | Vcard Office:  Singapore

Jamie Stranger

Jamie Stranger
Partner

T:  +852 2533 2780 M:  +852 9354 4481 Email Jamie | Vcard Office:  Hong Kong

Lauren Tang

Lauren Tang
Partner

T:  +65 6835 8664 M:  Email Lauren | Vcard Office:  Singapore

Jason Yang

Jason Yang
Partner

T:  +65 6835 8673 M:  Email Jason | Vcard Office:  Singapore

Eloise Fardon

Eloise Fardon
Senior associate

T:  +852 2533 2704 M:  +852 6462 8086 Email Eloise | Vcard Office:  Hong Kong

Yi Lei Tan

Yi Lei Tan
Associate

T:  +65 6661 6527 M:  +65 9800 6288 Email Yi Lei | Vcard Office:  Singapore

Alexander Tang

Alexander Tang
Senior associate

T:  +852 2533 2881 M:  Email Alexander | Vcard Office:  Hong Kong

Jeffrey Tanner

Jeffrey Tanner
Senior associate

T:  +65 6622 9653 M:  Email Jeffrey | Vcard Office:  Singapore