Friday, February 7, 2020

Emily Lee & Eric Ip on Judicial Diplomacy in the Asia-Pacific and the Singapore-initiated Transnational Judicial Insolvency Network (J Corp L Studies)

Published online on 9 Jan 2020
Abstract: The promulgation of the Judicial Insolvency Network (JIN) Guidelines by the Supreme Court of Singapore in 2017 has triggered innovative cross-border insolvency developments in the Asia-Pacific. It is intriguing that the Guidelines were conceived not by Singaporean judges alone, but jointly with a transnational network of bankruptcy judges. This article undertakes the original contribution of examining the Guidelines in light of the overall need for participating jurisdictions to craft a transnational insolvency framework. It uses Hong Kong as a test case to illustrate trends of likely future convergence.

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