E-BRIEFINGS

RECOGNITION OF FOREIGN BANKRUPTCY ORDERS BY THE SINGAPORE HIGH COURT Henice Tombak Simanjuntak and others v Paulus Tannos and others [2019] SGHC 216 Introduction 1. Pursuant to the Companies (Amendment) Act 2017, the UNCITRAL Model... [More]

TECH MATTERS The True Road to Damascus – Arbitrating Class Action Data Breaches? In the Tech Matters Series, Shaun Leong, Partner based in Eversheds Sutherland’s Singapore office, Eversheds Harry Elias, considers the latest in technology... [More]

Singapore Court of Appeal Affirms Power to Grant Mareva Injunctions in Aid of Foreign Court Proceedings Introduction 1. The Singapore Court of Appeal (“SGCA”) in Bi Xiaoqiong (in her capacity and as trustee of the Xiao Qiong Bi Trust and... [More]

Recognition of moratorium granted by Singapore Courts as foreign main proceedings under UK’s enactment of the UNCITRAL Model Law on Cross-Border Insolvency H & CS Holdings Pte Ltd v Glencore International AG [2019] EWHC 1459 (Ch)... [More]

Important developments and continuing conversations on costs in arbitration-related court proceedings in Singapore that will impact the Corporate Counsel's management of costs in future arbitration-related disputes. 1. The SAL Law Reform... [More]

MAS Publishes FAQ on Payment Services Act Our previous e-bulletin “Transitions to the Payment Services Act” released on 14 June 2019 highlighted the affected payment services that will be regulated under the new Payment Services Act (“PS Act”)... [More]

The Final Phase of Singapore's Efforts to Modernise and Strengthen Its Corporate Rehabilitation and Debt Restructuring Regime Insolvency, Restructuring and Dissolution Act 2018 Introduction The Insolvency, Restructuring and... [More]

Mergers and Acquisitions – Singapore Court Opines on the Revocability of SWIFT Code MT 103  Background An MT103 is at times relied upon by sellers as an acceptable proof of payment in international M&A transactions. The need for an... [More]

Resolving uncertainties in arbitration clauses – what will be the governing law of the arbitration agreement and seat of arbitration if it is not expressed? Why is this important: What happens when you do not expressly state the governing law of... [More]

TECH MATTERS CRISIS MANAGEMENT IN A DIGITAL AGE In this digital age, a seemingly small issue left unmitigated may grow viral in a matter of minutes at an uncontrollable scale. With the advent of social media, a local problem could be... [More]