The Singapore International Commercial Court (the "SICC"), a division of the General Division of the High Court and part of the Supreme Court of Singapore, was established in 2015 as a trusted neutral forum to meet increasing demand for effective transnational dispute resolution. It recently considered, as a matter of first impression for the SICC, whether to approve a prepackaged scheme of arrangement for a group of Vietnam-based real estate investment companies under Singapore's recently enacted Insolvency, Restructuring and Dissolution Act 2018 (the "IRDA").
Global, Singapore, Company & Commercial, Insolvency & Restructuring, Litigation, Jones Day, Dispute resolution, Insolvency, Insolvency, Restructuring and Dissolution Act 2018 (Singapore), Singapore International Commercial Court