‘Super priority’ rescue finance in Singapore

Arvindran Manoosegaran of Omni Bridgeway shares the details of a landmark decision for both of Singapore’s insolvency and litigation finance regimes in which the Singapore High Court ordered that Omni Bridgeway’s financing of an undisclosed private international arbitration be given super priority status in the context of a corporate restructuring, the first time that such a ‘super-priority’ order has been obtained by a funder since the introduction of Singapore’s new insolvency laws in 2018. Read more.