In Re Tantleff, Alan [2022] SGHC 147, the Singapore High Court considered for the first time whether the United Nations Commission on International Trade Law (UNCITRAL) Model Law on...
Source: jdsupra.com
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After weeks of rumors, Thai crypto exchange Zipmex files for debt relief in Singapore
Rumors that the firm was in financial trouble came after a botched acquisition by Coinbase.
Source: cointelegraph.com
Unpaid mortgage loan: The case between Maybank and the estate of a deceased woman
What happens when someone takes up a housing loan, passes away without a will, and the deceased’s next of kin chooses not to carry on repaying the mortgage loan? What will the bank do? Well, in June 2022, a Singapore case received its judgement after Maybank Singapore brought an action against the deceased’s estate for not paying the outstanding sum...
Source: asiaone.com
US Restructuring Proceedings Over REIT Not Recognised | Allen & Overy LLP
Re Alan Tantleff dealt with an application for recognition of US Chapter 11 restructuring proceedings in Singapore. The Singapore High Court held, among other things, that a REIT could...
Source: jdsupra.com
Draft Amendment To The Insolvency Act In Limbo - Insolvency/Bankruptcy
In the course of public consultations, there have been notable criticisms to the proposed changes.
Source: mondaq.com