Page 4 - Dissolution Act News Today

Investegate announcements from All Active Asset Cap, Update on AAQUA

Restructuring debt obligations under Singapore law can be an attractive option for companies seeking debtor-led reorganisations, as the country aims to be a centre for debt...

The Singapore High Court has clarified the definition of “centre of main interests” in the context of a crypto exchange group seeking to restructure its collective debts in Singapore. The analysis has implications to any group business which has interconnected shared services provided by the group companies in a collective service “ecosystem” to customers.

The Singapore High Court has clarified the definition of “centre of main interests” in the context of a crypto exchange group seeking to restructure its collective debts in Singapore....

Two weeks since granting Vauld protection, Singapore has extended the same to Zipmex, an exchange whose tie-up with Babel Finance and Celsius was its downfall.

A review of recent restructuring and insolvency activity in Singapore, including key legal developments and significant transactions.

Creditors to send in their names and addresses, with particulars of their debts and claims, to the Liquidators on or before 29 August, according to the Government Gazette.

Zipmex announced that it has filed for for moratoria for all its entities to get some breathing space in order to restructure their debts.

Zipmex has filed moratorium applications in Singapore, preventing creditors from making claims while it attempts to fix liquidity issues.

Boey Swee Siang, Selina Toh, Suchitra Kumar, and Emerick Tan of RPC Premier Law examine how Singapore’s recently revised insolvency laws will support post-pandemic recovery