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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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Published Sun, Sep 8, 2019 · 09:50 PM
    Changes over the years

    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.

    judicial managementDebt restructuringInsolvency

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