SGRI Professorship Lecture: Does Global Insolvency Law Affect Cross-border Capital Flows?
The restructuring of financially distressed multinational firms is often costly and inefficient because insolvency proceedings must be coordinated across jurisdictions. Weak coordination between domestic and foreign courts increases legal uncertainty and hampers effective restructuring. To address this problem, the United Nations Commission on International Trade Law (UNCITRAL) introduced the Model Law on Cross-Border Insolvency, which has been adopted by a growing number of countries, including the United States in 2005 and Singapore in 2017.
This study examines how reducing legal uncertainty in global insolvency affects cross-border mergers and acquisitions (M&A) and financing. We first use the U.S. adoption of the Model Law through Chapter 15 of the Bankruptcy Code in 2005 as a benchmark setting. Using a comprehensive dataset of Chapter 15 filings from 2005–2020, we show that the law has been actively used by foreign firms, particularly those from countries with strong creditor rights and efficient bankru…
Fee(s): Complimentary. Contact: ccla@smu.edu.sg. Speaker Details:
Professor Wei Wang
Smith School of Business, Queen's University’s
Singapore Global Restructuring Initiative (SGRI) Visiting Professor
Dr. Wei Wang is Bank of Montreal Professor of Business and Finance (at the rank of Full Professor) at Queen's University’s Smith School of Business. Previously, he served as Associate Dean of Professional Graduate Programs, managing a portfolio of 13 MBA and specialized graduate programs. He was also the founding director of Queen’s Master of Finance program in Beijing… RSVP: . Type: Seminars & Workshops. Subject: Law. Audience: SMU Faculty & Staff. Current Student. Public. Academic Community. Professionals. Alumni.
Thursday, March 26, 2026, 5:00 PM – 6:30 PM.
Function Lounge 4.02, Level 4
Singapore Management University
Yong Pung How School of Law
55 Armenian Street
Singapore 179943.
For more info visit site.smu.edu.sg. STARI Public Workshop - Missing Trader Fraud in VAT and GST Systems and the Associated Criminal Aspects
VAT and GST systems are a reliable source of revenue for most countries in the world. Because large groups of entrepreneurs need to be able to apply the rules associated with these taxes relatively easily, there is a need to keep these indirect taxes simple. On the other hand, various forms of fraud are forcing legislators to take additional measures that are at odds with the need to keep indirect taxes simple.
In our lecture, we will focus on the ways in which EU legislators and courts are attempting to curb these forms of fraud, in addition to providing a brief overview of common fraud patterns. In addition, we will discuss an initiative taken in 2021 to establish a European Public Prosecutor's Office (EPPO) that prosecutes VAT fraud/Missing Trader Fraud cases in EU states. The idea is to compare the initiatives that are and are being developed in the EU with those in Singapore during a panel discussion. This will provide a good idea of which control methods (or combinations of control methods) are most ef…
Fee(s): Fee: SGD54.50 per pax incl. 9% GST. Contact: ccla@smu.edu.sg. Speaker Details: Professor Herman van Kesteren (Tilburg University)
Ms Kim Demandt LL.M (Tilburg University), Panellists
Mr Dennis Lui (Inland Revenue Authority of Singapore; Tax Academy of Singapore)
Moderator: Mr Koh Soo How (Member of the Editorial Board, International VAT Monitor). RSVP: . Type: Seminars & Workshops. Subject: Law. Accounting. Audience: SMU Faculty & Staff. Current Student. Public. Academic Community. Professionals.
Thursday, April 2, 2026, 5:15 PM – 6:45 PM.
Function Lounge 4.02, Level 4
Singapore Management University
Yong Pung How School of Law
55 Armenian Street
Singapore 179943.
For more info visit law.smu.edu.sg.