Oon & Bazul LLP updates

 
Public policy in cross-border insolvency under Singapore Model Law
Oon & Bazul LLP
  • Insolvency & Restructuring
  • Singapore
  • 28 September 2018

The Singapore High Court recently delivered a landmark decision on the question of public policy under the United Nations Commission on International Trade Law Model Law on Cross-Border Insolvency, as adopted by Singapore in the Tenth Schedule to the Companies Act (the Singapore Model Law). This is the first reported decision in which a Singapore court has been faced with the question of public policy in an application for recognition of a foreign insolvency proceeding.

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