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Re Attilan Group Ltd
[2018] 3 SLR 898; [2017] SGHC 283
Key Principle
Super-priority for rescue (DIP) financing under s 211E is not to be granted as a matter of course; it requires evidence that the company could not otherwise obtain the financing on a non-priority basis, and the applicant must show reasonable efforts to secure alternative funding.
Area of Law
i
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