Successful Court Application Under S99(5) IRDA for Settlement Agreement in Judicial Management Case

Rajah & Tann Singapore, member firm or Rajah & Tann Asia, successfully secured High Court approval for a proposed settlement agreement for our client, USP Group Limited, under judicial management. This provision allows judicial managers to seek court directions on matters related to their duties, especially in complex legal or commercial situations. Partner Sheila Ng from the Restructuring & Insolvency practice led the matter alongside Senior Associate Chew Jing Wei.

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