An Analysis Of Recent Jurisprudence

The Insolvency and Bankruptcy Code, 2016 (“IBC”) was enacted with an objective to provide a streamlined and time-bound process for resolving corporate distress while balancing the interests of all the involved stakeholders, including creditors, debtors, and the broader ecosystem. The IBC classified creditors into financial creditors (“FCs”),[1] who lend or invest money in the debtor,…

‘Difficult and painful’: Singapore singer Hong Junyang declares bankruptcy after failed F&B ventures

Home-grown musician Hong Junyang recently became a casualty of Singapore’s struggling F&B industry. The 44-year-old singer-songwriter’s name was included in the Sept 26 publication of the Government Gazette list of bankrupt individuals. Hong told local news portal AsiaOne on Oct 13 that his financial situation arose from debts from his Thai street food restaurant chain…

No movie, a chance to see cast: Wicked $93 S’pore tickets draw flak; Local singer Hong Junyang declares bankruptcy: Singapore live news

Chick-fil-A Singapore owner is doing it to inspire his teenage son. (PHOTO: Gary Hershorn/Getty Images) Singaporean entrepreneur Chyn Koh sampled Chick-fil-A only after deciding to commit his future to it. By the time he finally tasted the brand’s signature chicken sandwich in May in Singapore, he had already completed a rigorous seven-month interview process to…

Deputy AG touts CIRA to bridge business “trust deficit”

By Kingsley Webora TANKEH The Deputy Attorney-General and Deputy Minister for Justice, Justice Srem-Sai, has touted the  Corporate Insolvency and Restructuring Act (CIRA), 2020 (Act 1015), as the panacea to bridging the “trust  deficit” in Ghana’s business community, capable of attracting investors into the country. Speaking at a stakeholders forum in Accra, the Deputy Justice…

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