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.
Banking and Finance Law | Contracts
Singapore Management University
City or Country
CHEN, Chao-hung Christopher.
In Re Sigma Finance Corporation (in administrative receivership) and In Re The Insolvency Act 1986  UKSC 2 (29 Oct 09): Commentary. (2009). SMU Highlights. 1-5. Research Collection School Of Law.
Available at: http://ink.library.smu.edu.sg/sol_research/1093