Singapore: Insolvency/Bankruptcy

We provide an update on the recent decision of the Singapore Court of Appeal in UT Singapore Services Pte Ltd v. Goh Thien Phong & Ors [2025] SGCA 17.

On March 11, 2025, the Committee to Enhance Singapore's Corporate Restructuring and Insolvency Regime (the "Committee") published a report (the "Report") outlining its recommendations to further enhance and modernize Singapore's restructuring and insolvency ("R&I") framework.

When a company goes into liquidation, creditors often wonder whether they will recover their debts. One available option to achieve this is funding legal action to help the liquidator recover assets.

In this article, we address some questions you may have if you are a creditor of a Singapore company that has entered or is entering into liquidation or winding up due to insolvency or otherwise.

If you are a director or owner of a company in substantial debt, financial distress or becoming insolvent, you may want to do your best to resuscitate the company.

Bethel Chan and Lee Jin Loong recently published an article with Chambers Expert Focus discussing the Singapore Courts' stance on foreign solvent liquidations ...

We are pleased to host a webinar targeted at the use of arbitration, court and insolvency processes to obtain recovery or secure payments for defaults.

Non-payment defaults, whether arising from Covid-19 or otherwise have skyrocketed prompting governments across the world to put in place temporary relief legislation to prevent an unprecedented spiral of insolvencies.

In this video, we give a broad overview of the restructuring and insolvency mechanisms in Singapore and explain the use of a moratorium under section211(B).