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NEWS ANALYSIS

Singapore's efficiency even extends to its bankruptcy laws

Tuesday, March 21, 2017 - 05:50

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Ezra Holdings, a Singapore publicly-traded oil services group, and two of its affiliates, Ezra Marine Services Pte and Emas IT Solutions Pte, filed for Chapter 11 protection over the weekend in a US bankruptcy court in New York.

WHEN it comes to matters legal or bureaucratic, Singapore is swift to act. Bankruptcy, sometimes, can be even faster.

Ezra Holdings, a Singapore publicly-traded oil services group, and two of its affiliates, Ezra Marine Services Pte and Emas IT Solutions Pte, filed for Chapter 11

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