Lessons for Singapore on insolvency funding in Canada

Creditors of insolvent companies should seriously consider third party funding agreements so as to chase down debts without putting more of their monies at risk. In this article, Director Nawaz Kamil & Counsel Danny Quah discuss the lessons which Singapore can learn from the Canadian Supreme Court’s recent decision of Quebec Inc v Callidus Capital Corp, where the Court discussed the third party funding arrangement involving prominent insolvency funder Omni Bridgeway. Read more about it here.