This book is a comparative study of international practices in bankruptcy law, providing perspectives from a variety of specialisms including practitioners, lawyers, bankers, accountants and judges from the United Arab Emirates, the UK and Singapore

In 2017, Singapore introduced wide-ranging reforms to its insolvency and restructuring laws with a view to enhancing its attractiveness as an international centre for debt restructuring. Central to these reforms is the transplantation (with modification) of certain provisions from Chapter 11 of...

To the growing list of recent significant cases on insolvency set-off may be added the decision of the Singapore Court of Appeal in Good Property Land Development Pte Ltd v Societe Generale. ... In the High Court [[1996] 1 SLR 457], Chao J held that the surplus proceeds held on trust by the...

Singapore has one of the strictest debt relief systems worldwide. We merge a large dataset on the residences of adult Singaporean citizens with a bankruptcy dataset to investigate the effect of parental bankruptcy on children’s financial behavior in adulthood. Children whose parents declared...

Despite its traditionally “tight” social and legal culture, Singapore recently loosened its personal bankruptcy rules significantly. This reform paralleled quite similar moves in the West in recent decades, but it represents a watershed in Asian regulation of the challenges of rising...

Personal bankruptcy is a widely used debt relief policy. We merge a large dataset on the demographic information and the residences of adult Singaporean citizens with a bankruptcy dataset to investigate the effect of parental bankruptcy on children’s financial behavior in adulthood. Children...