Your Authoritative Source on Singapore Law

Court-ordered Mediation in Restructuring Proceedings: The Next Reform?

Ashok Kumar & Koh Wei Lun

[2020] SAL Prac 14

Two waves of reforms to its restructuring regime have placed Singapore at the forefront of achieving its aim of becoming Asia’s international debt restructuring hub. This article explores the juridical basis of a court order for parties to attend a non-binding mediation in restructuring proceedings and suggests that reforms may be due in order to empower the courts to grant such orders.