The Court of Appeal, in Foo Kian Beng v OP3 International Pte Ltd (in liquidation) [2024] SGCA 10, comprehensively considered the contours of a director’s duty to consider the interests of creditors in certain circumstances (Creditor Duty). This pivotal ruling delves into when this duty arises, its parameters, and the approach that the court should take when faced with a claim that a director has breached the Creditor Duty. This update takes a close look at the Creditor Duty.

This Guide provides a useful overview of key legal and regulatory requirements concerning lending and security in Southeast Asia, focusing on Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.

The Tripartite Guidelines on Flexible Work Arrangement Requests will help to unlock the potential of the local workforce.

Kickstart your legal career with an SUSS Law Degree.

A major financial fraud trial has begun in Vietnam, involving Truong My Lan, chair of the prominent developer Van Thinh Phat, and 85 other defendants. Lan is accused of embezzling $12.5 billion from Saigon Commercial Bank (SCB) over a decade, making it the country's largest financial fraud case.

Law and Home Affairs Minister K. Shanmugam noted that the number of in-house counsel has grown over the years.

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