Insolvency tourism in Singapore?
Mar 12, 2019
Keith Pond
As a financial hub, F1 night race location, long-haul stopover, historic, expensive, friendly and innovative city state, Singapore has used its scarce resources wisely since independence in 1965. A new twist now emerges following the passage of the “Omnibus Bill” in October 2018 that has become the Insolvency, Restructuring and Dissolution Act 2018. The new twist is Singapore as a restructuring hub – an attempt, perhaps, to challenge the global supremacy of London?
Insolvency tourism in Singapore?