Knowledge Highlights 27 November 2024
SAL Practitioner: Common issues arising from the moratoriums against enforcement of security and repossession of goods under quasi-security arrangements
Allen & Gledhill Partner Jo Tay and Senior Associate Ee Jia Min contributed an article titled “Common issues arising from the moratoriums against enforcement of security and repossession of goods under quasi-security arrangements” to SAL Practitioner, published by the Singapore Academy of Law. The article analyses the scope of the specific moratorium against enforcement of security and repossession of goods under quasi-security arrangements, which is available in creditor schemes of arrangement and judicial management. It identifies common commercial arrangements that may be affected by this moratorium, and discusses some common issues that often arise in practice. It also provides other solutions that the practitioner might consider before advising a client to commence a leave application.