Singapore’s restrictions on ipso facto clauses: what comes next?
Guan Feng Chen and Jonathan Tang (Credit: Morgan Lewis Stamford)
Singapore’s new restrictions on ipso facto clauses are welcome news to the local restructuring community, and a strong step towards establishing it as one of the region’s premier restructuring hubs. But how will these restrictions affect innocent counterparties and existing commercial contracts, ask partner Guan Feng Chen and associate Jonathan Tang at Morgan Lewis Stamford?
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