Singapore court recognises Chapter 11 despite “serious concerns” over foreign rep
The Chapter 11 debtor's Star Wars-branded drone toys failed to take off. (Credit: iStock.com/golubovy)
The High Court of Singapore has recognised the Chapter 11 bankruptcy of an American toy drone maker, despite raising “serious concerns” about the fitness to serve of its foreign representative, who is himself subject to Chapter 7 proceedings in Texas.
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