Oon & Bazul’s Restructuring & Insolvency Practice contributes article to International Law Office titled “Insolvency, Restructuring and Dissolution Bill passed”. The introduction and link to the article can be found below.
The much-anticipated Insolvency, Restructuring and Dissolution Bill was passed on 1 October 2018. The bill aims to ensure that Singapore’s restructuring and insolvency laws remain relevant and progressive to support its position as a global restructuring hub.
The bill is the last of three phases implementing the recommendations from the Insolvency Law Review Committee in October 2013 and the Committee to Strengthen Singapore as an International Centre for Debt Restructuring in April 2016 to strengthen Singapore’s debt restructuring ecosystem.
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