Expected restructuring bids could test Singapore's insolvency regime
Downturn hits after laws changed to make bankruptcy rules friendlier to debtors: lawyers
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Singapore
THE legal changes that have made Singapore's debt-restructuring regime friendlier to debtors could meet their biggest test yet as weaker economic conditions send more companies into distress, legal practitioners say.
A key turning point for debt restructuring in Singapore occurred in May 2017, when changes to the insolvency regime of the Companies Act came into force.
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