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In the Spotlight: Out-of-court workout, meaning of such a workout and how it can be executed
Singapore Academy of Law has recently launched a free guide that can help businesses facing financial distress more effectively adopt a cheaper and quicker debt restructuring tool known as an out-of-court workout. Sim Kwan Kiat, Head, Restructuring and Insolvency Practice, Rajah & Tann Singapore LLP shares more about the guide and how out-of-court workout might be better than the other tools available. See omnystudio.com/listener for privacy information.
The skinny
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