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Musician Hong Junyang recently became a casualty of Singapore’s struggling food and beverage industry, The Star reported. The 44-year-old singer-songwriter’s name was included in the Sept 26 publication of the Government Gazette list of bankrupt individuals. Hong told local news portal AsiaOne on Oct 13 that his financial situation arose from debts from his Thai street food restaurant chain The Original Boat Noodle, which had faced difficulties since the pandemic. “Ever since Covid-19 started, it has been very, very tough for us, up till our closure...
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This content is reserved for Global Insolvency Members or members of the American Bankruptcy Institute. Create an account now to gain access. Enjoy free membership for a limited time.
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This content is reserved for Global Insolvency Members or members of the American Bankruptcy Institute. Create an account now to gain access. Enjoy free membership for a limited time.
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This content is reserved for Global Insolvency Members or members of the American Bankruptcy Institute. Create an account now to gain access. Enjoy free membership for a limited time.
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The Singapore High Court has prevented foreign liquidators from suing Standard Chartered and BSI Bank over transactions allegedly linked to the 1Malaysia Development Bhd (1MDB) scandal, ruling that Singapore’s cross-border insolvency framework cannot be applied to deals executed before the law took effect in 2018, the BusinessTimes.com.sg reported.
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