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Singapore Court Provides Guidance on the Conduct of a Debtor's Bankruptcy Application

Singapore - January 21 2022 Debtor's bankruptcy applications may be seen as being less common than creditors' bankruptcy applications. The law regarding the conduct of debtor's…

Cherie Tan

Singapore and Malaysia Announce Protocols for Court-to-Court Cooperation in Cross-Border Insolvency and Shipping

Malaysia, Singapore - October 15 2021 Commercial transactions and disputes are increasingly likely to contain a cross-border element. As such, the ability of Courts to cooperate on the…

Chua See Hua, Heng Yee Keat, John Mathew, Sheila Ng

Bankruptcy and Family Proceedings: The Court's Ratification of Division of Assets Amidst Bankruptcy

Singapore - June 9 2021 Under Singapore bankruptcy law, when a person is adjudged bankrupt, any disposition of property made by him from the date of the bankruptcy…

Cherie Tan

Applying for a Moratorium in Bankruptcy Proceedings: The Requirement of a Serious and Viable Proposal

Singapore - March 29 2021 Under Part 14 of the Insolvency, Restructuring and Dissolution Act 2018 ("IRDA"), which deals with bankruptcy proceedings, an insolvent debtor…

Cherie Tan

Simplified Insolvency Programme in Effect from 29 January 2021

Singapore - February 4 2021 In the midst of the COVID-19 pandemic, many businesses have been severely impacted. The Singapore government thus introduced the Simplified…

Sim Kwan Kiat, Sheila Ng