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Loans Singapore

White & Case LLP

Loan markets rally following April tariff shocks

White & Case LLP on

After a sharp tariff-induced dip in loan issuance, markets in the US and Europe regained confidence and stabilized by the end of the first half of the year - US and European leveraged loan markets had a bumpy ride during...more

Cadwalader, Wickersham & Taft LLP

Benchmarks Beyond January 2024 - 2024 Update on the Cessation of CDOR and SIBOR

As we kick off 2024, the focus on the unavailability of certain benchmarks continues on. To refresh, we have already seen the benchmark for US Dollars generally replaced with the Secured Overnight Financing rate as...more

A&O Shearman

Ensuring Enforceable “Make Whole” Interest Obligations

A&O Shearman on

MKY Capital Pte Ltd v MDR Ltd and Ethoz Capital Ltd v Im8ex Pte Ltd are two cases this year that considered a claim for payment of the full “make whole” interest amount. In both, the court refused to allow the claim. “Make...more

A&O Shearman

Grantor's security for own existing debt cannot be a transaction at undervalue but Grantor's security for third party's debt can...

A&O Shearman on

The Singapore Court of Appeal recently ruled that a third party mortgage was a transaction at undervalue. It accordingly ordered the mortgage discharged. The grounds of the Court of Appeal decision were that the mortgagor had...more

Hogan Lovells

Government support (e.g., state aids, stimulation programs) – Singapore

Hogan Lovells on

As part of the budget announced on 18 February 2020 by Deputy Prime Minister, and Finance Minister Mr. Heng Swee Keat (the "2020 Budget," also referred to as the "Unity Budget"), the Singapore government introduced a raft of...more

Morgan Lewis

COVID-19 in Singapore: Extension of ‘Circuit Breaker’ Measures, More Affordable SME Loans, R&D Updates

Morgan Lewis on

Recent updates from Singapore amid the coronavirus (COVID-19) pandemic include elevated restrictions on what businesses are considered essential, a new facility for more affordable loans for small and medium-sized...more

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