BITS & BYTES
BITS & BYTES is a monthly bulletin presented by TRAIL and its partners - Allen & Gledhill, Drew & Napier, Rajah & Tann, and WongPartnership – that showcases thought leadership in law and technology. It will cover how technology is used in or impacts different areas of law such as commercial law, intellectual property, banking and finance, tort law, privacy and data protection, and cybersecurity. The bulletin will feature commentaries on a particular area of law, technological development or legal policy, case notes and practice notes.
Articles From This Month's Issue
CRYPTOCURRENCY & NFTs
By Alexander Yeo (Allen & Gledhill LLP)
In Re Babel Holding Ltd and other matters [2023] SGHC 98, the General Division of the Singapore High Court considered five applications for scheme moratoriums by members of a cryptocurrency group. This case comment provides a short analysis of the decision.
CRYPTOCURRENCY & NFTs
By Sheila Ng, Rajesh Sreenivasan, Steve Tan, Benjamin Cheong and Lionel Tan (Rajah & Tann Singapore LLP)
This article discusses some of the issues that may arise in the insolvency and restructuring process when in relation to cryptocurrency and cryptocurrency companies, where the management of cryptocurrency assets and the features of the creditor classes may differ from conventional industries, and how these issues can be addressed in a scheme of arrangement.