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Financial Distress Insolvency Singapore

Morrison & Foerster LLP

Singapore International Commercial Court Approves First Cross-Border Pre-Packaged Scheme of Arrangement

Over the Summer, the Singapore International Commercial Court (“SICC”) issued a landmark decision in In Re No Va Land Investment Group Corp [2024] SGHC(I) 17, authored by International Judge (and MoFo alum) James Michael...more

Morgan Lewis

Singapore Introduces ‘Simplified Insolvency Programme’ for Micro and Small Companies

Morgan Lewis on

Micro and small companies will be able to use a “Simplified Insolvency Programme” to be introduced by proposed amendments to Singapore’s Insolvency, Restructuring, and Dissolution Act 2018 (IRDA)....more

White & Case LLP

Ipso facto clauses under the Insolvency, Restructuring and Dissolution Act

White & Case LLP on

The Insolvency, Restructuring and Dissolution Act 2018 (the "IRDA") came into force on 30 July 2020. The consolidation of all personal and corporate insolvency and debt restructuring legislation into a single statute, along...more

White & Case LLP

Singapore update: The practical impact of the COVID-19 temporary measures legislation

White & Case LLP on

For further information, please visit the White & Case Coronavirus Resource Center. The COVID-19 (Temporary Measures) Act (the "Act") was enacted on 7 April 2020. The Act provides temporary relief to businesses and...more

Latham & Watkins LLP

Relief in the Time of COVID-19 – Temporary Measures

Latham & Watkins LLP on

New legislation suspends contractual obligations for the next six months with related disputes subject to a separate dispute resolution system. On 7 April 2020, the Singapore Parliament passed the COVID-19 (Temporary...more

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