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Cross-Border Restructuring and Insolvency Between Singapore And Malaysia

Lee Shih & Ashok Kumar

[2024] SAL Prac 3

Abstract:
Given the close economic ties between Singapore and Malaysia, an increasing number of cross-border corporate restructurings and insolvency proceedings have required practitioners to grapple with the interplay between the two legal frameworks. This article delves into cross-border issues between Singapore and Malaysia on schemes of arrangement, winding up, and how the recent Protocols for Court-to-Court Cooperation in Cross-Border Insolvency and Shipping may have a part to play in assisting practitioners in obtaining recognition for Singapore proceedings in Malaysia.