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Home > [Webinar] Prospective priority for funding creditors of insolvent company: the Mingda case unpacked
[Webinar] Prospective priority for funding creditors of insolvent company: the Mingda case unpacked
Synopsis
The panel will unpack the landmark High Court decision in Re Mingda Holding Pte Ltd and another matter [2024] SGHC 130, which sets a precedent for section 204(3) of the Insolvency, Restructuring and Dissolution Act 2018 (“IRDA”).
With the Courts taking a balanced view of the risks-returns undertaken in asset recovery actions, the extent of prospective priority can be 100% of funding creditor’s admitted debt.
Liquidators wishing to instruct solicitors to proceed with this latest asset recovery toolkit are reminded that the Courts grant only prospective authorisation to appoint solicitors.
Speaker's Profile
James ALEXIO
Kroll’s Global Restructuring practice
CHUA Xinying
Allen & Gledhill LLP
Webinar
Course Date:
10 March 2025 (Mon)
Time:
12.00pm to 1.30pm
Practice Area:
Corporate/
Commercial
Training Level:
General
Public CPD Points:
1.5 (TBC)
Course Fee:
S$180
THAM Wei Chern
Fullerton Law Chambers LLC
Agenda
Attendance Policy to obtain CPD Points
Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, this includes logging in at the start of the webinar and logging out at the conclusion of the webinar in the manner required by the organiser, and not being away from the entire activity for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for attending the activity. Please refer to http://www.sileCPDcentre.sg for more information.
