United Nations Climate Change
Our aim is to help our clients understand the potential opportunities and challenges that COP25 may have on their business.
Singapore has made significant reforms to its insolvency and restructuring legislation in recent times. These reforms have significantly enhanced the power of restructuring tools available in Singapore, through what has been described as a unique hybrid regime combining the flexibility of the English regime with the powerful arsenal of US Chapter 11 provisions.
Our financial restructuring and insolvency partner Noel McCoy has written a special report, first published by INSOL International. This paper analyses Singapore’s legislative reforms comparative to England and Wales and the US. It also analyses the potential impact of these legislative changes, with particular emphasis on enforceability and recognition in the US, England and Wales and the Asia-Pacific region.
The Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019 passed Parliament last week and received royal assent shortly after.
The Court of Justice of the European Union (CJEU) has delivered its decision in A Ltd, a case concerning the location of insured risk, and therefore which jurisdiction can charge IPT, on cross-border M&A insurance policies.