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First, the not-so-great news in figures:
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In Foo Kian Beng v OP3 International Pte Ltd (in liquidation) [2024] SGCA 10 (OP3 International)1 the Singapore Court of Appeal considered the trigger for when the director's duty to consider the interests of creditors is engaged (referred to in the judgment as the Creditor Duty).
The Court held that:
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First, the not-so-great news in figures:
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First, the not-so-great news in figures:
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First, the not-so-great news in figures:
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First, the not-so-great news in figures:
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First, the not-so-great news in figures:
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First, the not-so-great news in figures:
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First, the not-so-great news in figures:
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