Author

Shriram Jayakumar

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Against the backdrop of the covid-19 pandemic and soon-to-be-rescinded government support schemes, local principal Emmanuel Chua and associate Shriram Jayakumar at Baker & McKenzie Wong & Leow in Singapore discuss three key trends to look for in the “new normal” The worldwide rollout of covid-19 vaccines is well underway. But there is no inoculation yet available from the pandemic’s economic fallout. As government support schemes are rolled back, cratering demands across various industries have necessitated…

In brief Simplified Insolvency Programme (“SIP”) The Insolvency, Restructuring and Dissolution (Amendment) Bill 2020 (“Bill”) will be introduced this month and it will establish the SIP. Under the SIP, qualifying micro and small companies (“MSCs”), which are companies with an annual revenue of less than $1 million and $10 million respectively, can benefit from the two simplified but temporary processes that has been adapted from the existing framework in the Insolvency, Restructuring and Dissolution Act…