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Company Buying Its Own Shares Funded by a Loan: Entire Transaction Held Void

In The Enterprise Fund III Ltd & Ors v OUE Lippo Healthcare Ltd (2019), the Singapore Court of Appeal held that where a company that had been given a standby credit facility in order to buy shares in itself, the entire...more

Singapore Court Sets Out Approach to Applications for an Intended Scheme by Several Companies in the Same Group

Re IM Skaugen SE [2018] SGHC 259 (27 November 2018) is an important first decision on the moratorium provisions of the new scheme of arrangement sections of the Companies Act. The High Court had a practical commercial...more

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