Singapore Court recognises Indonesian PKPU proceedings for the first time

In a move that facilitates the seamless integration of cross-border insolvency proceedings between Singapore and Indonesia, Singapore’s International Commercial Court has for the first time granted recognition of Indonesian PKPU proceedings in Re PT Garuda Indonesia (Persero) Tbk [2024] SGHC(I) 1.

Filed under:
Indonesia, Singapore, Insolvency & Restructuring, Litigation, Herbert Smith Freehills LLP
Authors:
Jonathan Tang , Daniel Waldek , Prawidha Murti
Location:
Indonesia, Singapore
Firm:
Herbert Smith Freehills LLP