Comparative liquidation procedures
Major restructuring destinations each provide distinct mechanisms for rehabilitating companies in distress. Our table sets out the similarities and differences in the processes available in Australia, England & Wales, Hong Kong, Singapore, and the USA.
The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to.
Readers should take legal advice before applying it to specific issues or transactions.
Ashurst Perkins Coie practises law in Singapore through Ashurst Perkins Coie UK LLP and also maintains a Formal Law Alliance with ADTLaw LLC, known as Ashurst ADTLaw.
Ashurst Perkins Coie UK LLP is regulated in Singapore by the Attorney-General's Chambers of Singapore and is registered under the LLP Registration Act, Registration No. LL0701574M.
Ashurst ADTLaw is a Formal Law Alliance licensed and regulated by the Legal Services Regulatory Authority of Singapore under number LSRA/FLA/2017/00001. ADTLaw LLC is a limited liability company registered in Singapore under number 201324473R, licensed and regulated by the Legal Services Regulatory Authority of Singapore under number LSRA/LLC/2013/00191.
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Originally published before the Ashurst Perkins Coie combination. See disclaimer.