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Singapore Creditors not precluded from invoking Indian Insolvency and Bankruptcy Code The Indian Insolvency and Bankruptcy Code 2016 has gained prominence for Singapore lenders, counterparties and insurers seeking debt recovery from Indian parties. The young Code ambitiously tried to reinvigorate India’s sluggish insolvency regime which was scattered across various legislations – by implementing a unified,

JTJB International Business & Investment Law Conference On 31 January 2018, JTJB hosted an International Business & Investment Law Conference at Amara Hotel Singapore. The panelists were legal experts from JTJB’s network offices – Mr. James Hung from JTJB Taipei, Mr. Taejin Kim from K&P Law Firm, Dr. Harald Endemann and Eva-Maria Braje from Endemann.

PRIORITIES BETWEEN MARITIME CLAIMANTS – SINGAPORE HIGH COURT DENIES LEAPFROGGING OF CLAIMS Piraeus Bank, one of the largest banks in Greece, commenced two mortgagee actions in Singapore and effected a double arrest on the vessels “Posidon” and “Pegasus”, flowing from the ship-owners’ default of a loan agreement. The vessels were subsequently sold pursuant to a judicial

JTJB at IBIA Convention: Singapore JTJB Senior Partner Danny Chua was a panelist in the Bunker Buyers’ Panel held at Raffles City Convention Centre on 9th November 2017 during IBIA Annual Convention. The panel considered, from shipowners’ and buyers’ perspective, how to manage a post-O. W Bunker and Hanjin world in order to prepare for

PREVENTING BREACHES OF NEGATIVE COVENANTS The Singapore Court of Appeal recently had the opportunity to examine whether an injunction should be granted as of right when a party has breached a negative covenant, which is a promise made by a party to a contract to not do a particular act. In a landmark decision in

  ADVOC Marine Forum “Refresh. Rebuild. Reform.” JTJB Senior Partner Danny Chua spoke at two ADVOC Marine Forums held in Sydney and Melbourne on 30 and 31 August 2017 respectively. The Forums were hosted by Colin, Biggers & Paisley and titled “Refresh. Rebuild. Reform.”  Danny Chua, spoke of the reforms in Singapore regarding cross border insolvency

Silence is golden. Or is it? The consequences of silence in pre-contractual negotiations What happens in the situation when a written agreement does not reflect what was orally agreed in a prior meeting between the parties? The Singapore High Court recently considered this question in the decision of Alacran Design Pte Ltd v Broadley Construction

JTJB NEWS January – February Dato’ Jude Benny sits as Conference Chairman at the 3rd Mare Forum Singapore 2017 JTJB Senior Partner, Dato’ Jude Benny was appointed as the Conference Chairman for the 3rd Mare Forum Singapore held on 8th February 2017. In addition to his role as the Conference Chairman, Dato’ Benny also moderated

Landmark Decision on retrospective validation of payments made by an insolvent company Centaurea International Pte Ltd V Citus Trading Pte Ltd [2016] SGHC 264 In a climate where many commercial entities are struggling financially, the recent decision of the Singapore High Court in Centaurea International Pte Ltd v Citus Trading Pte Ltd [2016] SGHC 264

JTJB NEWS November – December   Advoc Maritime Seminar JTJB hosted the 4th ADVOC maritime Seminar on the 11 November 2016 at Grand Copthorne Waterfront Hotel. JTJB Senior Partner Mr. Danny Chua and Mr. Charles Hattersley of Ashfords LLP spoke about the unique characteristics of Admiralty arrests and anti-suit injunctions in their respective jurisdictions. Captain