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Investment holding firm M Development on Wednesday (Nov 7) said it has been successful in its claim against defendants in the litigation commenced by its subsidiary, Winsta Holding, in the Singapore High Court.
The judgment left the position on personal liability for a company’s tortious acts significantly different. This note argues that the position in tort should be brought in line with that for contract.
Rules for directors' change in interests in firm's debentures not as robust as you'd think.
The Myanmar Companies Law 2017 (MCL), which entered into force on 1 August 2018, introduces a modern legal framework for foreign investment in Myanmar.
Companies — Schemes of arrangement
CA allowed the winding up of ERC Prime II and Gryphon Real Estate Investment Corporation on the basis that the applicants had justifiably lost confidence in the management of these companies.
On 3 Aug 2018, the Ministry of Planning and Finance, DICA issued an announcement on the Anti-Corruption Code of Ethics for Companies and Body Corporates.
This update includes summaries of notable cases such as Bintai Kindenko Pte Ltd v Samsung C&T Corp [2018] SGCA 39 and The Wellness Group Pte Ltd v Paris Investment Pte Ltd & Ors [2018] SGCA 47.
In Re Swiber Holdings Ltd [2018] SGHC 211, the SHC dealt with novel issues arising from when the bond issuer enters judicial management, or seeks a to restructure its debt in a scheme of arrangement.
Companies — Receiver and manager
Contract — Illegality and Public Policy
This case update summarizes key extracts from 5 recent High Court and Court of Appeal judgments on director's duties.
The changes reduce the regulatory burden for the companies.