When NCLT Stalls, Singapore Firms Get the Call
Practitioners working India-linked distressed debt have understood for some time that Singapore offers a more reliable path when NCLT timelines become unworkable. What the Supreme Court did last week was say it on the record, in a suo motu proceeding, using the words grim and dismal, to describe a system where 383 approved resolution plans […]
GIFT City and the reinsurance mandate: what London and Singapore firms should be watching
The news about Lloyd’s entry into GIFT City has been framed almost entirely as a market access story. It is also, quietly, a dispute story and that is the part worth reading carefully. Lloyd’s of London is not a reinsurance company. It is a marketplace. Syndicates, brokers, capital pooled across Names and corporations whose balance […]