Directors risk being personally liable to contractor if their company orders additional work when there is no reasonable prospect of paying for it. Continue reading “RUNNING ON FUMES”
Category: Insolvency law
SHADOW PLAY
“The dalang is more than a puppeteer. His skill makes us believe that we see a war between two great armies, but there is no war. There is only the dalang.” Grant Morrison: The Invisibles no. 5. Continue reading “SHADOW PLAY”
CONVERGENCE
Great minds think alike! A convergence of judicial opinion occurred in June 2024 – the Privy Council and the Malaysian Court of Appeal concurrently but independently arrived at common ground on what constitutes a “disputed” debt for winding-up proceedings when there is an arbitration clause in play. Continue reading “CONVERGENCE”