Traditional contracting has, in recent years, come under increasing criticism for being, among other things, unable to handle increasingly complex projects as there is little incentive.
Singapore Court Recognises Indonesian PKPU Proceedings For The First Time. Legal News and Analysis - Indonesia, Singapore - Insolvency & Restructuring -
The recent case of Ascentra Holdings, Inc v. SPGK Pte Ltd [2023] SGCA 32 (Ascentra) has drawn a line in the sand in the Singapore court's interpretation.