SAL Journal 2008 Special Issue (Insolvency Law)

We are pleased to bring to you the SAL Journal's special issue on insolvency law. This issue features articles on:(a) the recent PRC Enterprise Bankruptcy Law and the issues which have developed since its enactment;(b) insolvent banks and the financial safety sector net, with particular attention to the Northern Rock crisis in the UK;(c) the current state of play under English choice of law rules in insolvency transaction avoidance;(d) the duty to maintain equality in collective creditor actions;(e) corporate rescue law in Singapore and the appropriateness of Chapter 11 of the US Bankruptcy Code as a model;(f) the process of transition in personal insolvency law in English law and the lessons which may be drawn by other jurisdictions from this pattern of evolution;(g) how the remedy of discharge by certificate of the Official Assignee was conceived, drafted and successfully implemented in Singapore;(h) the status of an insolvent company's encumbered assets under the laws governing property and insolvency;(i) the key features of the debt repayment scheme and other related debt rehabilitation models in various jurisdictions that help wage-earner debtors with relatively small debts to avoid bankruptcy; and(j) the duties of good faith and care owed by a mortgagee and a receiver to the mortgagor and suggestions where Singapore should depart from English law.