IMAGE:With companies folding like a deck of cards due to COVID-19, there is no time more critical than now to conduct research into insolvency laws. The man handed that mission,… view more
Credit: Singapore Management University
SMU Office of Research & Tech Transfer – Big or small, businesses across the world are threatening to topple in the hurricane that is COVID-19.
Hin Leong Trading, one of Singapore’s largest independent oil traders, has initiated an insolvency proceeding after global oil prices collapsed due to the pandemic. In the U.S., giants like oil and gas drillers Whiting Petroleum and Diamond Offshore and major retailers J.Crew, Brooks Brothers and GNC have also folded in the aftermath of the pandemic.
This upendi…
Read the full article at: https://www.eurekalert.org/pub_releases/2020-08/smu-agp083120.php
