Skip to main content
Enter a keyword
  • Login
  • Home

    Main navigation

    Menu
    • US Law
      • Chapter 15 Cases
    • Regions
      • Africa
      • Asia Pacific
      • Europe
      • North Africa/Middle East
      • North America
      • South America
    • Headlines
    • Education Resources
      • ABI Committee Articles
      • ABI Journal Articles
      • Covid 19
      • Conferences and Webinars
      • Newsletters
      • Publications
    • Events
    • Firm Articles
    • About Us
      • ABI International Board Committee
      • ABI International Member Committee Leadership
    • Join
    Joint Liability vs Joint and Several Liability: A lawful distinction
    2021-09-09

    In a relationship between a creditor and debtor, the issue of liability is always a cause of concern. This is made even more apparent when there is more than one debtor involved as the terms of liability is not necessarily clear. Among the popular issues of contention is whether the debtors’ liability is joint or joint and several. In this commentary, we will explore this artificial distinction through the recent Federal Court case of Lembaga Kumpulan Wang Simpanan Pekerja v. Edwin Cassian Nagappan @ Marie [2021] 1 LNS 928.

    Filed under:
    Malaysia, Company & Commercial, Insolvency & Restructuring, Litigation, Tay & Partners, Joint and several liability
    Location:
    Malaysia
    Firm:
    Tay & Partners
    Corporate Rescue Mechanism under the Companies Act 2016
    2018-08-29

    Both the corporate voluntary arrangement and judicial management, together with the Companies (Corporate Rescue Mechanism) Rules 2018 (“Rules”), came into force earlier this year on 1 March 2018 with the gazetting of notice P.U. (B) 106/2018. 

    We have previously discussed the insolvency law policy and procedure, touching briefly on judicial management and corporate voluntary arrangement. We will now look at the rules applicable for the application for these two rescue mechanisms. 

    Corporate Voluntary Arrangement

    Filed under:
    Asia-Pacific, Malaysia, Company & Commercial, Insolvency & Restructuring, Tay & Partners
    Location:
    Asia-Pacific, Malaysia
    Firm:
    Tay & Partners
    Corporate Insolvency & Restructuring
    2020-04-15

    NON-FISCAL POLICIES TO HELP BUSINESSES OUTLAST THE COVID-19 VIRUS

    Filed under:
    Australia, Malaysia, Singapore, United Kingdom, Insolvency & Restructuring, Tay & Partners, Force majeure, Coronavirus
    Location:
    Australia, Malaysia, Singapore, United Kingdom
    Firm:
    Tay & Partners
    Home

    Quick Links

    • US Law
    • Headlines
    • Firm Articles
    • Board Committee
    • Member Committee
    • Join
    • Contact Us

    Resources

    • ABI Committee Articles
    • ABI Journal Articles
    • Conferences & Webinars
    • Covid-19
    • Newsletters
    • Publications

    Regions

    • Africa
    • Asia Pacific
    • Europe
    • North Africa/Middle East
    • North America
    • South America

    © 2025 Global Insolvency, All Rights Reserved

    Joining the American Bankruptcy Institute as an international member will provide you with the following benefits at a discounted price:

    • Full access to the Global Insolvency website, containing the latest worldwide insolvency news, a variety of useful information on US Bankruptcy law including Chapter 15, thousands of articles from leading experts and conference materials.
    • The resources of the diverse community of United States bankruptcy professionals who share common business and educational goals.
    • A central resource for networking, as well as insolvency research and education (articles, newsletters, publications, ABI Journal articles, and access to recorded conference presentation and webinars).

    Join now or Try us out for 30 days