Certainty and Conscience
Modern insolvency law is built on rules. Statutory priorities determine who gets paid, the pari passu principle governs distribution among unsecured creditors, and detailed legislation regulates almost every aspect of insolvency administration.
The Evolution of Insolvency and Restructuring Law in Singapore
Supporting Economic Resilience in a Volatile World Introduction Over the last twenty years, Singapore has significantly reformed its insolvency and restructuring laws. Originally focused on liquidation and creditor interests, the system now emphasises rescuing viable businesses, maintaining economic stability, and supporting overall
What Does It Mean to Be a Singapore Lawyer Abroad? A National Day Reflection
Here’s the thing about Singaporeans — we travel. Not just for that annual food pilgrimage to Bangkok or Tokyo, but for something deeper: purpose, possibility, and sometimes, profession. And as the Lion City turns 60 (not that she looks a
The Curious Case of Aparna Donti
An Inconsistency in the IRDA A recent case in the High Court has highlighted an inconsistency in sections 367 and 368 of the Insolvency, Restructuring and Dissolution Act 2018 (IRDA) relating to priority over a bankrupt’s assets. This article discusses the
Rethinking Mentoring – Some Hard Truths
There are certain preconceived notions about mentoring and hence this article aims to unpack what mentoring is and is not.
Annotated Guide to the Singapore Insolvency Legislation
Corporate Insolvency by Harold Foo and Beverly Wee On 1 October 2018, the Singapore Parliament passed the long-anticipated Insolvency, Restructuring and Dissolution Act 2018 (the IRDA) which came into force on 30 July 2020. Building on the 2017 amendments to the Companies
Embracing Equity: The Need for Allyship
Quite apart from the beginnings of a global pandemic that would come to re-define the way we lived, the year 2020 will go down in the annals of history as an eventful year. This was the year when the phrase
The Road to Specialising in an Area of Practice – Nobly Running the Race
Choosing Your Area of Specialisation Happenstance did not bring me here. Corporate insolvency was an area of law that piqued my curiosity when I studied company law in my second year of law school. In my third year, to develop this
Alegria – A Latin American Feast
Back then in the 1960s, the Keong Saik area was a red-light district with many brothels run by secret societies. In present times, it is home to some of the most vibrant eateries and bars in Singapore. The conservation shophouses
Insolvency, Restructuring and Dissolution Act Compendium
by Ajinderpal Singh (Author), Adriel Chioh Wen Qiang (Author), Alexander Lee Wei (Author) The Insolvency, Restructuring and Dissolution Act (IRDA), which came into force on 30 July 2020, amended and consolidated the written laws governing corporate insolvency and bankruptcy in Singapore