In Re Sigma Finance Corporation (in administrative receivership) and In Re The Insolvency Act 1986 [2009] UKSC 2 (29 Oct 09): Commentary

Author

Chao-hung Christopher CHEN, Singapore Management UniversityFollow

Publication Type

Magazine Article

Version

acceptedVersion

Publication Date

11-2009

Abstract

The case of Sigma Finance Corp was about the priority of payment under a Security Trust Deed for a structured investment vehicle (SIV). In essence, the key issue in the case was about whether debts due within the ‘realisation period’ after the occurrence of an ‘enforcement event’ should be paid ahead of other shortterm creditors.

Discipline

Banking and Finance Law | Contracts

Publication

SMU Highlights

Issue

11

First Page

1

Last Page

5

Publisher

Singapore Management University

City or Country

Singapore

Citation

CHEN, Chao-hung Christopher. In Re Sigma Finance Corporation (in administrative receivership) and In Re The Insolvency Act 1986 [2009] UKSC 2 (29 Oct 09): Commentary. (2009). SMU Highlights. 1-5.
Available at: https://ink.library.smu.edu.sg/sol_research/1093

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