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Article

WongPartnership LLP | Singapore | 10 Oct 2011

Mergers & acquisitions

The liquidator of the plaintiff company, Norwest Holdings Pte Ltd, sought to sell the entire share capital of its wholly-owned subsidiary, Norwest Chemicals Pte Ltd ("Norwest Chemicals").

Article

WongPartnership LLP | Singapore | 6 Sep 2011

Insolvency

Where a contract contains a non-assignment clause, a liquidator may not, as part of his liquidation of an insolvent company's assets, assign the contract to a third party without first seeking the consent of the contracting counterparty.

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