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Shopping and Scheming, and the Rule in Gibbs

Mokal, R; (2017) Shopping and Scheming, and the Rule in Gibbs. South Square Digest pp. 58-63. Green open access

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Abstract

The Singapore High Court’s decision in Pacific Andes Resources Development Ltd. [2016] SGHC 210 provides the opportunity to examine the origin, rationale, limits, and defensibility of the so-called ‘rule in Gibbs,’ named after though considerably pre-dating the judgment of the Court of Appeal of England and Wales in Gibbs v. Societe Industrielle (1890) 25 QBD 399. The focus is exclusively on the rule’s application to the indebtedness of distressed debtors, that is to say, those who are actually or imminently insolvent. A principled way is proposed of distinguishing objectionable from legitimate forum shopping, and the application of the rule in the context of schemes of arrangement receives particular attention.

Type: Article
Title: Shopping and Scheming, and the Rule in Gibbs
Open access status: An open access version is available from UCL Discovery
Publisher version: http://southsquare.com/articles-publications/south...
Language: English
Additional information: This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions.
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of Laws
URI: https://discovery-pp.ucl.ac.uk/id/eprint/10052601
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