Our Restructuring and Insolvency Senior Associate Clayton Chong recently contributed a chapter in “INSOLVENCY: NOW & BEYOND - A Thought Leadership Document On Insolvency Regime” jointly published by the Insolvency and Bankruptcy Board of India (IBBI) and the Foreign Commonwealth Development Office of the United Kingdom.
Titled “Role of Directors during the Insolvency Process and Avoidable Transactions”, Clayton discusses three main issues relating to the role of directors during the insolvency process and avoidable transactions, amongst other topics.
The document includes eight thought leadership articles covering topics from the role of directors in insolvency, the operation of ipso facto clauses, to assignment of actionable claims and the use of schemes of arrangement, to name a few. Apart from India, the document also considers other key jurisdictions such as the United Kingdom and Singapore.
Click on the link below to read the full chapter.