Lauren Tang from law firm Stephenson Harwood (Singapore) Alliance takes a look at the The Companies (Amendment) Bill 2017 and how it will change insolvency in Singapore.
The insolvency scene in Singapore look set to change with the likely enactment of the Companies (Amendment) Bill 2017 (the Bill).
Would the Bill have made any difference to the management of Hanjin Shipping Co Ltds (Hanjin) insolvency in Singapore? We explore this issue below as well as touch on certain key provisions of the Bill.
On 1 September 2016, Hanjin, unable to sustain its mounting losses, obtained a rehabilitation order …
Read the full article at: http://splash247.com/viewing-hanjin-collapse-singapore-different-lens/