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Common Issues Arising from the Moratoriums Against Enforcement of Security and Repossession of Goods under Quasi-Security Arrangements

Jo Tay & Ee Jia Min

[2021] SAL Prac 32

This article analyses the scope of the specific moratorium against enforcement of security and repossession of goods under quasi-security arrangements, which is available in creditor schemes of arrangement and judicial management. It identifies common commercial arrangements that may be affected by this moratorium, and discusses some common issues that often arise in practice. It also provides other solutions that the practitioner might consider before advising a client to commence a leave application.