[Webinar] Cross-border Insolvency in Japan and What’s in it for Singapore and Asia

ABLI co-organized with INSOL International its webinar Cross-border Insolvency in Japan and What’s in it for Singapore and Asia.

The following topics were covered in this session:

• A brief overview of Japan’s insolvency regime, and a comparison with Singapore’s new regime under the “omnibus” Insolvency, Restructuring and Dissolution Bill
• Coordination with foreign creditors in a Japanese insolvency – e.g, how, and to what extent, do non-Japanese courts recognise and assist in calling in foreign assets in furtherance of a Japanese insolvency? Discussion will be had in light of Singapore courts’ approaches.
• Government intervention in insolvent companies – What happens in Japan and Singapore?
• Health of businesses amid Covid-19 in Japan and Singapore

Zentaro Nihei, a partner of Anderson Mōri & Tomotsune based in Tokyo and Meiyen Tan, a parnter of Oon & Bazul in Singapore spoke at the session.