Enhancements proposed to Singapore’s Corporate Restructuring and Insolvency Regime | Global law firm

Introduction On 11 March 2025, the Committee to Enhance Singapore’s Corporate Restructuring and Insolvency Regime (the Committee) released its long-awaited report (the Report) on additional reforms to Singapore’s corporate restructuring and insolvency (R&I) landscape. The Report surveys Singapore’s R&I legislative framework, which came into effect in 2018, identifies challenges to its operation and proposes a…

High Court clarifies that corporate successor trustees do not owe fiduciary duties to predecessors: what it means for insolvency practitioners and trust creditors | Restructuring touchpoint | Global law firm

This was co-authored by Lee-Oz Lifschitz. Insolvency practitioners and trust creditors should take note of the recent decision of the High Court of Australia in Naaman v Jaken Properties Australia Pty Limited [2025] HCA 1 (Naaman). The central question in this case was whether a successor trustee owed a fiduciary duty to its predecessor in…

Business Rescue Expert opens Manchester office

Darlington-headquartered restructuring and insolvency practice Business Rescue Expert has expanded into the North West with the launch of a new Manchester operation, appointing Kevin Pinkerton as managing director. Kevin joins after 23 years as a restructuring and insolvency lawyer, most recently serving as national head of the practice at Freeths.  A qualified insolvency practitioner, he…

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Access Denied You don’t have permission to access “http://www.financialexpress.com/business/industry-insolvency-delays-rise-603-days-taken-for-resolution-in-q2-4054650/” on this server. Reference #18.c1052017.1763998746.dedd386 https://errors.edgesuite.net/18.c1052017.1763998746.dedd386 Read the original article here