The SAL-INSEAD Legal Leadership Programme is a three-day intensive management programme specifically designed and contextualised to address the needs of law firm partners, general counsel and legal service officers. Participants from the private sector should currently have P&L remit in their roles or will soon be assuming P&L responsibilities in their organisations.
This unique programme applies business school methodologies to address business challenges faced by legal professionals including strategic planning, improving organisational alignment, managing growth and change, and motivating people and teams.

Overview

This seminar will discuss the use of Singapore law as a governing law in cross-border lending transactions. We will cover some of the key implications that follow where a loan transaction is governed by Singapore law, including in relation to documentation, lending and collateral structures, enforcement and foreign recognition, and the effects of insolvency and the IRDA. We will also discuss some of the differences between English law and Singapore law, particularly in the context of insolvency, as well as the recent English decision in Prosafe and its implications for the choice of Singapore law cross-border financings.

In this review of the decisions of the Singapore courts in the preceding year, author of the chapter on civil procedure, Mr Chia Voon Jiet, will provide some comments and analyses on 2021 cases dealing with (amongst other issues) striking out, limitation of actions and appeals.