Rian Matthews and Kate Ballantine-Dykes from Baker McKenzie have published an article entitled “Common law to the rescue: bridging gaps in international and domestic restructuring and insolvency regimes” in Corporate Rescue and Insolvency.

The Singapore and Hong Kong governments are both in the process of radically overhauling their restructuring and insolvency regimes (see here and here). The article however considers how the Courts in those jurisdictions have also made efforts to modernize the regimes in those countries through developing the common law.