Singapore, Indonesia courts forge cross-border insolvency agreement to streamline debt restructurings

Cases such as FTX’s collapse and Garuda’s restructuring highlight the need for judicial coordination across jurisdictions [SINGAPORE] The supreme courts of Singapore and Indonesia have signed a memorandum of understanding (MOU) that, for the first time, gives judges in both countries a formal channel for coordinating on the same insolvency or restructuring case. This reduces…

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