Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Can Singapore’s new regime help tackle Asia’s looming wall of debt?

By Paul Apathy

04 April 2017

Can Singapore’s new regime help tackle Asia’s looming wall of debt? View of Singapore from its famous Merlion landmark iStock.com/rmnunes

As a wall of debt comes due in the Asian bond markets, Singapore is making a timely play to become a regional and international restructuring hub. With the first steps – upgrades to the country's restructuring and insolvency laws – being implemented, Herbert Smith Freehills' Paul Apáthy and Emmanuel Chua take a closer look at the plan’s progress and what it could do to assist companies, creditors and investors.