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Universalism on the Ascent: Singapore's Cross-Border Insolvency Journey

Harold Foo

(2023) 35 SAcLJ 593

Singapore has made tremendous strides in developing its debt restructuring and insolvency regime over the last decade. This article traces this development through the lens of its evolving approach towards the recognition and assistance of foreign cross-border debt restructuring and insolvency proceedings. In particular, the article analyses a selection of key milestones, which chart Singapore’s move from territorialism towards an increasing emphasis on (modified) universalism and judicial co-operation and co-ordination.