In the latest edition of Going concerns, Stephenson Harwood’s Asia restructuring and insolvency team touch on key changes in Singapore brought about by the recent Singapore Insolvency, Restructuring and Dissolution Act 2018 (and where applicable, the impact on the shipping industry), and the positions in Singapore and Hong Kong on winding up petitions vs arbitration clauses.
Content
- Get to know the Insolvency, Restructuring and Dissolution Act 2018 ("IRDA")
- Winding up petitions vs arbitration clauses (SG) – The prima facie standard of review prevails
- Winding up petitions vs arbitration clauses (HK) – back to the Pre-Lasmos Approach?
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