A noted American bankruptcy judge’s plan to join Singapore’s top commercial court later this year is a step forward for the island nation’s goal to become a magnet for corporate restructurings.
Judge Christopher S. Sontchi brings the experience of his 16-year tenure at the U.S. Bankruptcy Court for the District of Delaware, one of the busiest courts in the U.S. for commercial bankruptcies.
His switch to the Singapore International Commercial Court is seen as a bold move by the country amid the rapidly increasing globalization, growth and complexity of insolvency practice.
“I think it is a great opportunity to provide ...