Should Proofs of Debt be Rejected Simply Because of Complexity or Parallel or Overlapping Claims Across Different Insolvent Estates?

The answer is “no”, following a recent decision by the General Division of the High Court of Singapore (Court) which provides welcome guidance on the admission of proofs of debt.

Filed under:
Singapore, Insolvency & Restructuring, Litigation, WongPartnership – Restructuring & Insolvency, Insolvency
Authors:
Wendy LIN , G Kiran
Location:
Singapore
Firm:
WongPartnership – Restructuring & Insolvency