We at Fervent Chambers are privileged to be instructed on the Castlewood matter that expands and pushes the boundaries of insolvency law in Singapore. With the rise of interest rates, inflation and other macroeconomic factors, businesses are increasing affected by cashflow issues, amongst others. If and when companies do become insolvent, creditors of the insolvent companies can consider litigation funding as an option to recover the receivables and/or assets of the company for distribution, than to raise funds to recover the assets of the insolvent company, as is commonly the traditional mode of litigation funding for insolvent companies.
