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Singapore - May 31 2013
This case involved a foreign company, Beluga Chartering GmbH ("Beluga") that had both creditors and assets in Singapore. However, as it had not…
Singapore - March 27 2013
The appellant ("Mdm Cheo") commenced divorce proceedings against her husband (the "bankrupt") two weeks after he had been served a statutory demand…
Singapore - December 10 2012
When the debts of a bankrupt or an insolvent company are denominated in a foreign currency, the Official Assignee or liquidator would need to convert the debt into Singapore dollars when making a distribution to creditors.
Singapore - August 2 2012
Where a bankrupt's assts were transferred to his spouse pursuant to an interim order in divorce proceedings made after a bankruptcy petition was served, held that the transfer would not be ratified as the facts indicated that the transfer was an attempt to keep the bankrupt's property out of reach of his creditors.
