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28 June 2016 -Ministry of Law (Insolvency Office) Issues Practice Circular No. 1 of 2016

The Ministry of Law (Insolvency Office) has issued the Practice Circular No. 1 of 2016 - Judicial Manager’s Remuneration and Expenses Incurred in Judicial Management. This Practice Circular shall take effect on 1 July 2016.

Please click herefor the Practice Circular No. 1 of 2016.

28 July 2015 -A Guide for Private Liquidators on Filing the Liquidator's Account of Receipts and Payments/Statement of the Position in the Winding Up of an Entity (for compulsory and voluntary windings up)

As regulator of private liquidators, the Official Receiver is required to monitor the filing of the Liquidator’s Account of Receipts and Payments/Statement of the Position in the Winding Up of an Entity (“Form”) by private liquidators. To assist private liquidators in completing the Form, Insolvency Office has prepared a Guide to illustrate what information is required for each section. 

To download the Guide, please click here

 

20 March 2015 - IRAS Updates Requirements Relating to Request for Tax Clearance Letter for Companies Under Liquidation

IRAS has updated its website for requirements relating to request for tax clearance letter for companies under liquidation.

Please click here for the link on the IRAS website. 

 

1 January 2013 - Members' Voluntary Liquidation: Better Safe Than Sorry

A voluntary winding-up occurs when either the shareholders or creditors of a company decide to terminate the business. It takes two forms (1) The members’ voluntary liquidation (MVL), whereby the directors make a statement of solvency in accordance with section 293(1) of the Companies Act and make a declaration that the company will be able to pay all its debts within 12 months following commencement of the winding-up; and (2) The creditors’ voluntary liquidation (CVL), whereby the directors do not make such a statement of solvency.

Please click here for full article.

 

24 May 2011 - Official Receiver’s Costs in Release Application where Private Liquidators are Appointed as the Liquidator

Presently, since 2002, in cases where a private liquidator is appointed by the Court on the application of an applicant-creditor in a compulsory winding-up, the costs of the Official Receiver sought at the conclusion of the liquidation range from $150- $400. The amount sought and awarded by the Court would depend on the complexity of each individual case. The costs sought by the Official Receiver has not been reviewed since 2002.

Following a thorough review carried out by the Official Receiver of the practice and costs sought in cases involving the appointment of private liquidators in cases of compulsory winding up between late 2010 to mid 2011, to ensure that the resources of the Official Receiver (as a public agency) were being utilised in an efficient and cost-effective manner, the Official Receiver will revise the rates with effect from 1 Jul 2011. For simple cases, the range has been revised from $150- $400 to $600. Where cases are complex or have resulted in significant amounts of time and work carried out by the Official Receiver notwithstanding the appointment of a private liquidator, the amount of the costs sought by the Official receiver will start at $600.

Please click here for more details.

 

11 May 2011 - Seminar: Filing of Receipts and Payments and Procedures for Obtaining Tax Clearance in a Winding Up

The Inland Revenue Authority of Singapore (“IRAS”) has streamlined and revised the filing procedure for Receipts and Payments by Liquidators for companies in liquidation. The revised procedure will be implemented with effect from 1 July 2011 and is applicable to all modes of liquidation.

IPAS and ICPAS, with the strategic partnership of IRAS, have worked together to co-organise the Seminar titled “Filing of Receipts and Payments and Procedures for Obtaining Tax Clearance in a Winding Up” to be held on 24 May 2011 at IRAS Revenue House, Level 5 (IRAS Auditorium) from 2.15pm to 4.45pm to allow insolvency practitioners to keep up to-date with the filing requirements and reduce the risks of non-compliance. In this Seminar, the presenter from IRAS will share with practitioners on the revised filing procedure and how it differs from the previous procedure. There will also be a panel comprising tax regulator sand leading insolvency practitioners to take practitioners’ queries and exchange views with liquidators and companies undergoing liquidation may be better prepared for compliance with the revised procedures.

Seminar fees (inclusive of GST) are at $25 for IPAS fellows and associates and $30 for non-IPAS members.

Please click here for more details.

The IPAS Board of Directors strongly encourage our Fellows and Associates to attend this event, to keep abreast with the latest regulatory procedure. Please kindly note that seats are limited and will be sold on a first come-first-serve basis.

 

1 January 2011 - Publication - Progen

The IPAS Publication Committee hereby presents our year end case update on Chee Yoh Chuang and Anor (as Liquidators of Progen Engineering Pte Ltd) v Progen Holdings Ltd [2010] SGCA 31. This commentary on an important recent ruling by the Singapore Court of Appeal is relevant for insolvency practitioners. We trust that it would prove to be an interesting and informative read to practitioners on the law on undue preferences.

Please click here to download the publication.

 

13 December 2010 - INSOL Singapore Conference

13-15 March 2011 – Shangri-La Hotel Singapore, Republic of Singapore

Early Booking Deadline 15 December 2010

It’s only one week until the early booking deadline closes. There are a limited number of delegate places available so please register early to avoid disappointment.

The online registration brochure gives details of the three tier technical programme. This covers general cross-border issues, specialist subjects and smaller practice issues so there will be areas of interest for all our members. The major benefits of attending are a superb technical programme to update you on current issues providing 11.5 CPE accreditation by ICPAS & IPAS.

Please register now at: http://www.insol.org/page/154/insol-singapore.

 

12 July 2010 - Legal Practice Skills Development Series: Insolvency Law on 20 July 2010

IPAS is proud to support the following event:

Insolvency Seminar
The Law Society of Singapore and the Singapore Academy of Law are holding a 3 hour seminar on Insolvency Law on 20 July 2010 (2.30pm- 5.30pm) at the Supreme Court Auditorium as part of a series of Legal Practice Skills Development seminars in 2010 intended to equip legal practitioners who desire to explore practising in less familiar areas of legal practice with the basic practice-oriented knowledge required to do so. This seminar is especially useful for existing practitioners who have had a number of years post-qualification practice experience and have the wish to expand their current scope of practice.

This seminar will include practice tips given by legal practitioner experts who will share on the requirements needed to begin and maintain a successful practice in these niche practice areas. The speakers will also discuss the finer points of drafting schemes of arrangement and insolvency restructuring documents as well as rescue of companies in distress.

Who Should Attend
This seminar is a must-attend for practitioners practising Insolvency Law or those who wish to explore expanding their practice into the insolvency practice arena. 2.5 CPE hours will also be awarded by ICPAS to ICPAS members of IPAS attending the event as a part of Structured Learning.

Rates for IPAS Members
A preferential rate of $117.70 (including GST) has been extended to IPAS members, since IPAS is an associate of the law Society. For IPAS members registering, kindly indicate “(IPAS member)” on the registration form to enjoy the preferential rates.

The Chairman of IPAS urges Fellows and Associates to attend the event as this will be beneficial. Please fill up the registration form and register now!

 

16 April 2010 - Streamlining of Procedure for Filing of Account of Receipts and Payments with IRAS

The Inland Revenue Authority of Singapore (IRAS) has proposed to streamline the procedure for filing of accounts of receipts and payments. Click here for details of the proposed Streamlining of procedure for filing of Accounts of Receipts and Payments with IRAS, by liquidators of companies which are winding up (voluntary or compulsory).

We would appreciate your comments on the proposed procedure by IRAS, if any, by 28 April 2010 via email to technical@icpas.org.sg.

 

17 March 2010 - 3rd Asian Maritime Law Conference on 6-7 May 2010
The Maritime Law Association of Singapore will be organising the 3rd Asian Maritime Law Conference (3AMLC) on 6-7 May 2010 at Swissotel Merchant Court, Singapore. Themed “Arrest, Arbitration and Restructuring”, the 3rd Asian Maritime Law Conference this year will deal with:

Developments in Arrest
Revisit ship arrest, understand how it is handled in popular jurisdictions, including China, Hong Kong, Singapore, South Africa, and the U.S.A. and how it can be used to best effect in securing claims and recovering debts

Updates on Arbitration
Hear about developments in various maritime arbitration systems in Asia and what is happening in Europe regarding anti-suit injunctions

Restructuring
See how ship financiers have restructured the finance that they have given and the security taken and expect interesting discussions on new entrants to the market, the future of German KGs and Chapter 15 of the US Bankruptcy Code

Learn from over 20 speakers from the industry, who will share their experiences and their outlook on the developing shipping market after the financial crisis. Our lineup of international speakers include the President of the Comite Maritime International, the Chairman of the Maritime and Transport Law Committee of the International Bar Association and speakers from China, India, Korea, Hong Kong, Singapore, United Kingdom, USA (New York and California), Belgium, Holland, Denmark, South Africa, and many more!

For more details pertaining to the event, please visit www.amlc.com.sg today!

 

24 November 2009 - INSOL Dubai Conference on 21-23 February 2010

It’s only three weeks to go until the early bird booking fee closes so get your bookings in well ahead of time to ensure you reserve your place.

The Madinat Jumeirah Dubai, is an incredibly popular hotel with international travellers. Delegates are encouraged to book early to avoid the risk of having to stay at an alternative hotel. We have a limited number of guestrooms remaining at the preferential rate. To ensure your reservation please download the reservation form from the INSOL website, or book online using the Group Code INS170210.

The Madinat Jumeirah comprises two hotels:

Mina A’Salam comprises 280 rooms and 12 suites, all with balconies and sea-facing aspects. Al Qasr comprises 260 rooms and 32 suites, all with balconies.

For more details, please refer to the Conference website here.

 

22 September 2009 - Cross Border Insolvency and Insolvency of Financial Institutions on 11 November 2009

The present economic slowdown has highlighted difficulties that may arise in recoveries especially where there are cross border issues. What has started largely as difficulties for certain banks and financial institutions has now affected the wider economy. The slowdown presents an opportunity to review the rules of the game. Even before the crisis, work was undertaken and is continuing towards the enactment of an omnibus insolvency legislation for Singapore by 2011.

This conference gathers experts from various jurisdictions on selected issues relating to cross border insolvency and the insolvency of banks and financial institutions.

For more information, please refer to the conference brochure.

 

20 August 2009 - Proposal for New Section 212A, Companies Act, Cap. 50: A Call for Feedback

The Ministry of Law (MinLaw) and the Insolvency & Public Trustee's Office (IPTO) are considering amendments to Part VII of the Companies Act, Cap. 50 by introducing a new section 212A that will cater for schemes of arrangement for companies that are insolvent or approaching insolvency. Click here for the Proposed New section 212A, Companies Act, Cap. 50: A Concept Paper.

We would appreciate your comments on the concept paper, if any, by Thursday, 10 September 2009 via email to technical@icpas.org.sg.

 

13 August 2009 - Visiting Fellows Programme: International Insolvency Law by Professor Ian Fletcher from 26 to 27 August 2009

The Singapore Academy of Law is organising a Visiting Fellows Programme supported by the Insolvency Practitioners Association of Singapore (IPAS) on International Insolvency Law from 26 – 27 August 2009 at the Supreme Court Viewing Gallery.

The programme will look at the special problems that are encountered when a debtor’s insolvency occurs in circumstances where the laws of two or more different countries may be applicable, or where insolvency proceedings can potentially take place in more than one country. This can come about where assets, business interests and/or creditors of an insolvent enterprise are located in two or more jurisdictions, or where there have been dealings or transactions which are governed by the laws of different countries from those to which the debtor is primarily subject. The insolvency laws of every country tend to have some aspects which are unique to that jurisdiction.

For more information, please refer to the seminar brochure.

 

8 July 2009 - Forum on Code of Professional Conduct and Ethics on 23 July 2009

From 1 August 2009, members must adhere to an enhanced Code of Professional Conduct and Ethics. The current Code will continue to apply until 31 July 2009 and thereafter the enhanced Code will come into force on 1 August 2009. The Institute of Certified Public Accountants of Singapore (ICPAS) and the Accounting and Corporate Regulatory Authority (ACRA) are holding this educational forum on the revised Code.

The enhanced Code is based on the “Code of Ethics for Professional Accountants” of the International Federation of Accountants (IFAC), a global benchmark for the international accounting profession. The enhanced Code provides more guidance on how to apply the principles and the independence rules, and places an expectation to pro-actively identify and eliminate potential threats to independence.

For more details or to register for the seminar, please click here.

 

6 July 2009 - UNCITRAL Practice Guide on Cross-border Insolvency Cooperation

INSOL is pleased to inform you that on 1st July 2009, the UNCITRAL formally adopted the UNCITRAL Practice Guide on Cross-border Insolvency Co-operation. The Practice Guide contains detailed guidance to judges on court to court co-operation including the appointments of persons to act at the direction of the court; the communication of information between courts; the co-ordination of administration and supervision of the debtor's assets and the approval of agreements (protocols) concerning the co-ordination of proceedings. The Guide also includes detailed consideration of the form, negotiation and contents of crossborder protocols.

For more details, please click here.

 

4 May 2009 - "Schemes of Arrangment" on 28 May 2009

Conducted by highly qualified leaders in their respective fields, this series offers participants an insightful hands-on & practical approach by examining the various aspects of insolvency from various angles in the topics offered.

Seminar Outline

  • A back to basics study of the law and procedure for Schemes of
    Arrangement
  • Key developments in case law in Singapore on Schemes
  • Practical pointers on managing issues in implementing a Scheme of Arrangement with creditors and shareholders
  • Highlights of dangers and pitfalls in Schemes of Arrangement
  • Personal insights into the creditors’ and shareholders’ Scheme of Arrangement in the restructuring of China Aviation Oil
  • Looking forward – personal views on law reform relating to Schemes of
    Arrangement

For more details or to register, please click here.

 

14 Apr 2009 - "Impact of Insolvency on Arbitration" on 13 May 2009

The global financial crisis will likely bring about an increase in situations where arbitrators, counsel and those involved in arbitration will come across the issue of insolvency. It could be something as basic as to what extent insolvency should be a ground or factor to order security for costs for the claim. Alternatively, the issues could be more fundamental, such as would the arbitration agreement survive insolvency or to what extent would arbitration get superseded by the insolvency dispute resolution process (e.g. to file a proof of debt).

A selection of issues surrounding the impact of insolvency on arbitration will be examined during the seminar. For more details or to register, please click here.

 

9 Apr 2009 - SAA/IPAS Series of Seminars - "Creditors' Voluntary Liquidation / Court Winding Up" on 24 April 2009

This seminar is targeted at first years to senior level in the liquidation department who are involved in the liquidation work.

Seminar Objectives

  • the differences between voluntary and compulsory liquidation;
  • the steps and procedures to place a company in Creditors’ Voluntary Liquidation
  • the grounds and procedures involved in placing a company under a Court
    Winding Up;
  • the liquidators’ powers and duties in a Creditors’ Voluntary Liquidation/Court Winding-Up;
  • the administrative procedures involved in administering a Creditors’ Voluntary Liquidation/Court Winding-Up from commencement of the
    liquidation to conclusion of the liquidation

For more details or to register, please click here.


9 Apr 2009 - INSOL 2009 Eighth World INSOL International Quadrennial Congress

On the 21st - 24th June 2009 INSOL International will be hosting its Eighth World Quadrennial Congress in Vancouver. We would be most grateful if you could assist with the awareness of this Quadrennial to all your members.

This can be done in a number of ways via web site, published journals, electronic journals or even mailings. I attach the link to INSOL 2009 where all the information with regards to the Congress can be accessed here.

In a previous email we inquired as to whether you would be willing to place a short editorial in your newsletters about this Congress. If this is a viable option please could you let us know the deadlines for the newsletters and any other specifications that we would have to adhere to so we could pass this editorial onto you.

 

8 Jan 2009 - Luncheon Seminar on 29 January 2009: Developments in Insolvency Practice - Presentations & Panel Discussion with INSOL International Executives

INSOL International is the worldwide federation of national associations of accountants and lawyers who specialise in turnaround and insolvency. There are currently over 40 Member Associations with over 9,500 professionals participating as members of INSOL International.

INSOL International Executives will speak on developments in insolvency including the international and cross-border aspects of preventing and administering insolvency of corporations. This event would provide a good opportunity to learn about recent developments in insolvency practice from INSOL International Executives.

By the end of the luncheon event, participants should have an insight of major developments, issues and debates in legal and financial topics in insolvency given the current global economic environment.

Insolvency practitioners, Chief Financial Officers, Finance Directors, Legal Counsel, Financial Controllers, Finance Managers, key Finance and Accounting personnel should attend this event.

For more details or to register, please click here.


26 December 2008 - INSOL Press Release - Successful Completion of INSOL Fellowship 2008

INSOL International is pleased to announce the first graduating class of the Global Insolvency Practice Course. The successful participants are now formally recognised as a Fellow, INSOL International.

Please click here for the INSOL press release.

 

30 September 2008 - Bankruptcy (Amendment) Bill 2008 - Open Consultation with Exposure Draft

Dear IPAS Associates and Fellows,

The Ministry of Law (MinLaw) and the Insolvency & Public Trustee’s Office (IPTO) has launched on 22 September 2008, the second round of public consultation for the proposed amendments to the Bankruptcy Act to bring the proposed Debt Repayment Scheme into legislation. The first round of public consultation was conducted in 2007 when the concept paper was released for comments. MinLaw and IPTO issued a joint-response to the feedback received at the time, and IPAS was one of the organisations who provided feedback.

The feedback received has been instructive when the provisions in the amendment Bill were being drafted.

This second round of consultation releases the proposed provisions to be incorporated into the Bankruptcy Act to bring the Debt Repayment Scheme into law as the new Part VA.

The PDF document (click here) contains the draft Bill whilst the link is to the web write-up regarding this second round of consultation.

http://www.minlaw.gov.sg/ipto/corporate/Downloads/Web_write_up_Bankruptcy_ Amdt_Bill2008.pdf

MinLaw and IPTO would like to invite IPAS to comment on the draft Bill in this second round of consultation which closes on 17 October 2008.

Please let us have your comments, if any, by 10 October 2008 by email to technical@icpas.org.sg.

Regards
IPAS Secretariat


27 August 2008 - Insolvency Practitioners Association of Singapore Limited Proposed IPAS Code of Professional Conduct and Ethics - Sections 1 to 6

The IPAS Board would like to seek your comments on Sections 1 to 6 of the Proposed Code.

This Code establishes the fundamental principles of professional ethics for insolvency practitioners who are associates and fellows of the Insolvency Practitioners Association of Singapore Limited (IPAS) and provides a conceptual framework for applying those principles.

The comment period for the Sections 1 to 6 of the Proposed Code will end on Monday, 15 September 2008.

The Board will consider all comments received in writing to technical@icpas.org.sg.

 

9 July 2008 - Understanding & Analysing Financial Statements for Insolvency Practitioners

The importance of financial statements to the insolvency practitioners cannot be over-emphasized. As insolvency practitioners who are involved in Corporate Insolvency work, some of their objectives are to ensure a fair distribution of the company's assets among creditors and contributories of a company that is under liquidation and/or to terminate the company's existence by its eventual dissolution. Insolvency practitioners must, thus, understand and be able to analyse and interpret financial statements in order to make sound decisions.

This seminar seeks to give the participants an understanding of what financial statements are all about – their uses, structure, format and contents.

Participants will, after this module, be able to make their clients feel more confident that as insolvency practitioners, they also fully understand financial statements and they can best maximize the interest of the creditors and the contributories.

For the seminar outline or more details or to register, please click here.

 

12 March 2008 - Judicial Management

This is the 5th in our series of seminars conducted by IPAS for the insolvency professionals.

Conducted by highly qualified leaders in their respective fields, this series offers participants an insightful hands-on & practical approach by examining the various aspects of insolvency from various angles in the topics offered.

Seminar Outline

  • A back to basics study of the law and procedure for Judicial Management
  • Discussion on administrative procedures and managing issues involved
    in administering a Judicial Mangement
  • Recent case law development

For the seminar outline or more details or to register, please click here.

 

21 January 2008 - Schemes of Arrangement

This is the 5th in our series of seminars conducted by IPAS for the insolvency professionals.

Conducted by highly qualified leaders in their respective fields, this series offers participants an insightful hands-on & practical approach by examining the various aspects of insolvency from various angles in the topics offered.

Seminar Outline:

  • A back to basics study of the law and procedure for Schemes of Arrangement
  • An overview of key case law developments in Singapore, UK and Australia in the last decade
  • Practical pointers on managing issues in implementing a Scheme of Arrangement with creditors and shareholders
  • Highlights of dangers and pitfalls in Schemes of Arrangement
  • Personal insights into the creditors’ and shareholders’ Scheme of Arrangement in the restructuring of China Aviation Oil
  • Looking forward – personal views on law reform relating to Schemes of
    Arrangement

For more details or to register, please click here.

 

11 January 2008 - Important GST Issues to Consider during Liquidation

During liquidation, a liquidator has to manage the company, which includes disposal of assets and sourcing for buyer of the whole or part of the business, besides other responsibilities. Knowing the GST treatment of these matters is important to ensure that the liquidator is in compliant with the GST law.

Seminar Outline:

  • Time of supply & Accounting of GST for sale of assets
  • Accounting of deemed output tax on assets upon GST de-registration
  • Repayment of input tax for expenses outstanding for more than 12 months
  • Rules governing the claim of input tax where no supply are

For more details or to register, please click here.

 

31 December 2007 - INSOL International Press Release

On 1 October 2008 INSOL International will launch its new Global Insolvency Practice Course. The qualification received will bestow a Fellowship from INSOL International. The Global Insolvency Practice Course is a result of the large interest that the INSOL membership demonstrated for an advanced educational qualification focusing on international insolvency.

Please click here for INSOL International Press Release.

 

9 November 2007 - Receivership

At the end of the seminar, participants should have a good understanding of:

  • Definition and Objectives of Receivership
  • Relevant sections in the Companies Act governing receivership and debenture documents
  • Types of charges and appointments
  • Rights and duties of a receivers/receivers and managers
  • Action prior to and during appointment
  • Disposal of assets/sale of business as a going concern/hiving down
  • Treatment of preferential creditors in different types of appointments
  • Filing and notices requirements

For more details or to register, please click here.

 

12 October 2007 - Creditors' Voluntary Liquidation / Court Winding Up

At the end of the seminar, participants should have a good understanding of:

  • the differences between voluntary and compulsory liquidation;
  • the steps and procedures to place a company in Creditors’ Voluntary Liquidation;
  • the grounds and procedures involved in placing a company under a Court Winding Up;
    - the liquidators’ powers and duties in a Creditors’ Voluntary Liquidation / Court Winding-Up;
  • the administrative procedures involved in administering a Creditors’ Voluntary Liquidation / Court Winding-Up from commencement of the liquidation to conclusion of the liquidation

For more details or to register, please click here.

 

20 September 2007 - Understanding and Application to the Steps, Procedures, Compliances in a Members' Voluntary Winding Up of a Company

In the upcoming changes to the Companies Act, Cap 50, the knowledge and concept on the step, procedures and compliance to a Members’ Voluntary Liquidation for the accounting and financial professionals would entail them to understand effectively and be able to apply the adequate procedures resulting to a fair distribution of the Company’s assets among the creditors and contributories of the Company and to make sound decisions.

The participants in this seminar would have the opportunity to broaden and possess the knowledge and know-how, and to focus and maximize the interest of the creditors and contributories. This lecture brings the experience of the Liquidators / practitioners to discuss some of the aspects of liquidation and practice together with practical solutions to problems arising out of the conduct of the liquidation.

For more details or to register, please click here.

 

4 June 2007 - Public Consultation on “Debt Repayment Scheme”

The Ministry of Law and the Insolvency & Public Trustee’s Office (IPTO) have issued a public consultation paper on the proposed Debt Repayment Scheme (“DRS’) to help wage-earner debtors with relatively small unsecured debts not exceeding $100,000 avoid bankruptcy.

The deadline for the public consultation paper has been extended from 1 June 2007 to 11 June 2007 for IPAS associates and fellows. IPAS would like to seek comments from its associates and fellows on the public consultation paper.

The public consultation paper on the scheme can also be found at the IPTO’s website www.ipto.gov.sg, the Ministry of Law’s website www.minlaw.gov.sg, and the Government Consultation Portal www.reach.gov.sg.

Comments on the public consultation should be made in writing to technical@icpas.org.sg by 11 June 2007.

 

7 March 2007 - Maximising Value Through Restructuring – A Series of Seminars on Corporate Insolvency

The Insolvency Practitioners Association of Singapore Limited (IPAS) will be organising a series of seminars on corporate insolvency bearing the theme "Maximising Value Through Restructuring". This seminar, supported by the Insolvency & Public Trustee's Office, will focus on a comparative study of the insolvency and corporate restructuring regimes in England & Wales, Australia and the United States and also touch on legal reforms in the various jurisdictions. The intention is to generate discussion on possible reforms in Singapore.

The speakers are Mr Hubert Picarda QC, a leading insolvency law expert in the UK; Mr Richard Fisher, a partner in Blake Dawson Waldron; and Professor Gerard McCormack, Professor of Law at the University of Manchester and Visiting Professor at the National University of Singapore.

Topics include: "Insolvency And Corporate Restructuring Reforms In England And Wales", "The Australian Reforms" and "Chapter 11 & The Singapore System - A Comparative Study". The seminar will conclude with a panel discussion and forum comprising the speakers and leading practitioners.

For more details or to register, please click here.

 

2 November 2006 - Chairman's Welcome Message

On behalf of the Board of Directors of the Insolvency Practitioners Association of Singapore Limited (IPAS), I am pleased to launch this informational website in conjunction with the Official Launch of IPAS.

It is our hope that this website will serve as a portal for insolvency information – to communicate important developments and issues impacting our fellows, associates, practitioners in general and other industry stakeholders, as well as to update the industry of our networking, continuing education and training events.

Of course, as IPAS and the industry develop, so would the features and resources available on our website. Feel free to browse the site and let us hear from you on any ideas and suggestions you may have. We value the feedback and contributions of our members in enhancing the relevance and usefulness of our website and making it an important port-of-call for the industry.

Don Ho
Chairman & Director
Insolvency Practitioners Association of Singapore Limited
2 November 2006

IPAS Newsletter
1.
IPAS Update –Apr 2006
2.
IPAS Update – Feb 2007
3.
IPAS Update – Nov 2007
4.
IPAS Update – May 2008
5.
IPAS Update – Aug 2008