by The Raffles Corporate Services Editorial Team | Aug 4, 2026 | Corp Sec Library, Running Your Company
Over the past decade, Singapore has deliberately positioned itself as the leading restructuring hub in Asia, a place where financially distressed companies, including foreign ones, can reorganise their debts under a modern, creditor-and-debtor-balanced legal...
by The Raffles Corporate Services Editorial Team | Aug 4, 2026 | Corp Sec Library, Running Your Company
When a company with operations in more than one country becomes insolvent, one question decides almost everything that follows: where is the company’s centre of main interests, or COMI? In Singapore’s cross-border insolvency framework, a foreign proceeding...
by The Raffles Corporate Services Editorial Team | Aug 3, 2026 | Corp Sec Library, Running Your Company
When a company that has failed abroad has assets, creditors or operations in Singapore, the foreign insolvency officeholder cannot simply walk in and take control. They must first ask the Singapore court to recognise the foreign insolvency proceeding. Recognition is...
by The Raffles Corporate Services Editorial Team | Aug 3, 2026 | Corp Sec Library, Running Your Company
Businesses rarely fail neatly within one country’s borders. A company may be incorporated in one jurisdiction, hold assets in another, and owe money to creditors spread across the region. When such a company becomes insolvent, the courts and insolvency...
by The Raffles Corporate Services Editorial Team | Aug 3, 2026 | Corp Sec Library, Running Your Company
When an employee in Singapore takes maternity, paternity, shared parental or childcare leave, the employer usually keeps paying their salary during the leave, then claims the cost back from the Government. Getting the reimbursement right matters for cash flow and for...
by The Raffles Corporate Services Editorial Team | Aug 2, 2026 | Corp Sec Library, Running Your Company
Some of the most valuable things a company owns cannot be locked in a safe: its trade secrets, its customer lists, its pricing models, its unannounced deals, and the confidential terms of its disputes. When a departing director threatens to leak them, or a party to...