The Ministry of Law in Singapore has announced that it will introduce a bill to the Parliament next week to offer temporary relief to businesses and individuals who are unable to fulfil their contractual obligations because of the COVID- 19 pandemic.
The proposed bill includes:
Even at first blush, it is apparent that arbitration and insolvency make strange bedfellows.
Montenegro, Arbitration & ADR, Insolvency & Restructuring, Litigation, Schoenherr, Exclusive jurisdiction