Recent Developments in Schemes of Arrangement in Singapore: Classification of Creditors and Scheme Manager’s Conflicts of Interest

• Main Author: WAN, Wai Yee
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2013
• Subjects: Schemes of arrangement; conflicts of interests; scheme managers; success-based fee; Singapore; Asian Studies; Business Organizations Law; Commercial Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/1146
• Institution: Singapore Management University

Discusses Royal Bank of Scotland NV (formerly known as ABN Amro Bank NV) v TT International Ltd. The Singapore Court of Appel had to consider three important issues in relation to the creditors' scheme of arrangement involving a financially distressed company.