Tags » Judicial Management

Edge of Tomorrow: Singapore’s Debt-Restructuring Regime Revised

Mr Thio Shen Yi S.C. and I review the revisions to Singapore’s Companies Act (Cap. 50) insolvency and restructuring provisions, as well as the adoption of the UNCITRAL Model Law on Cross Border Insolvency. 19 more words

Singapore

The Judicial Management of Swissco Holdings Limited: What's to be Expected

Swissco Holdings Limited (“Swissco“) was officially placed in judicial management on 21 April 2017. Messrs Angela Ee and Purandar Rao of Ernst & Young – previously the interim judicial managers – have now been appointed as permanent Judicial Managers (“ 783 more words

Shipping / O&G

Conclusion: "Brand Singapore" as an International Debt Restructuring Hub

*Originally published on LinkedIn here. Certain further amendments and changes to the content have been made.

At the INSOL 2017 Congress, one of the hot topics was the upcoming legislative amendments to Singapore’s Companies Act, coming into effect this 31 March 2017… 1,521 more words

Singapore

SWIBER'S LIQUIDATION: 7 things we learn

It was reported on the morning of 28 July 2016 that Swiber Holdings Ltd. filed a petition to wind up and liquidate the company after facing demands from creditors amid a slump in the offshore oil and gas businesses.  1,709 more words

Bad Loans

SWIBER's judicial management: 3 things the newspapers haven't told us

Following my earlier article on Swiber’s liquidation published on 29 July 2016, we now know that Swiber Holdings Limited (“Swiber”) did a back-pedal last Friday (29 July 2016) and said it would be placing the company under judicial management (“JM”) instead.  2,282 more words

Bad Loans