Rajah & Tann flags casino debt recovery risks after Singapore ruling
By SectorWire desk · · Updated
Summary
Singapore law firm Rajah & Tann has flagged potential debt recovery risks for foreign casinos following a recent High Court ruling. Its analysis concerns credit extended to customers holding assets in Singapore and a case involving Venetian Macau Ltd.
Why it matters
Foreign casinos extending credit to customers with Singapore assets face potential debt recovery risks following a High Court ruling.