Insolvency

Singapore’s Cross-Border Insolvency Law Scope Singapore Cross Border Insolvency Law

Singapore’s Cross-Border Insolvency Law

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The Scope of Singapore’s Cross-Border Insolvency Law: The Ascentra case In Ascentra Holdings, Inc (in official liquidation) and Ord v SPGK Pte Ltd [2023] 2 SLR 421, Singapore’s Court of Appeal (‘CA’) clarified the scope of Singapore’s cross-border insolvency law. It held that Singapore’s adapted version of UNCITRAL’s Model Law […]

The Travelodge Saga. A brief study of the Restructuring

The Travelodge Saga. A brief study of the Restructuring

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Some Background Travelodge is a budget hotel operator (and UK’s largest independent hotel brand) with about 590 hotels, principally in UK and also in Ireland and Spain. The Travelodge Group owners are investment bank Goldman Sachs, Luxemburg based Anchor Holdings and its investors include US hedge funds Avenue Capital and Golden […]

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