Legal Updates

Legal Updates for Dec - 2018

Voluntary Arrangements in Bankruptcy – Extension and Revocation
In two recent decisions, the Singapore High Court had the opportunity to consider issues of voluntary arrangement schemes. In Re Aathar Ah Kong Andrew [2018] SGHC 124, the High Court set aside the approval obtained at a creditors' meeting for a voluntary arrangement for material irregularities. In Re Aathar Ah Kong Andrew [2018] SGHC 227, the High Court dismissed an application to extend the interim stay order covering bankruptcy applications and other legal proceedings. Jansen Chow and Danitza Hon of Rajah & Tann Singapore LLP successfully represented one of the creditors in these proceedings.
11 Dec 2018 | Singapore

Court of Appeal Upholds Setting Aside of Investor-State Arbitral Award
In Kingdom of Lesotho v Swissbourgh Diamond Mines (Pty) Limited and others [2017] SGHC 195, the Singapore High Court allowed the Kingdom of Lesotho’s application to set aside an investor-State arbitral award. This marked the first time the Singapore courts allowed an application to set aside an investor-State arbitration award on the merits. The application engaged novel issues of international arbitral law, international investment law and public international law. In Swissbourgh Diamond Mines (Pty) Limited and others v Kingdom of Lesotho [2018] SGCA 81, the Court of Appeal upheld the High Court’s decision, further expounding on the issues raised at first instance. The Kingdom was successfully represented by Paul Tan, Alessa Pang and David Isidore Tan of Rajah & Tann Singapore LLP.
07 Dec 2018 | Singapore