{"id":364717,"date":"2026-08-03T02:12:10","date_gmt":"2026-08-03T02:12:10","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/legal\/bfm-radio-interview-on-cross-border-insolvency\/"},"modified":"2026-08-03T02:12:10","modified_gmt":"2026-08-03T02:12:10","slug":"bfm-radio-interview-on-cross-border-insolvency","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=364717","title":{"rendered":"BFM Radio Interview on Cross-Border Insolvency"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"post-6463\">\n\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6465\" src=\"https:\/\/themalaysianlawyer.com\/wp-content\/uploads\/2025\/05\/BFMimage.jpg\" alt=\"\" width=\"959\" height=\"613\" srcset=\"https:\/\/themalaysianlawyer.com\/wp-content\/uploads\/2025\/05\/BFMimage.jpg 959w, https:\/\/themalaysianlawyer.com\/wp-content\/uploads\/2025\/05\/BFMimage-300x192.jpg 300w, https:\/\/themalaysianlawyer.com\/wp-content\/uploads\/2025\/05\/BFMimage-768x491.jpg 768w, https:\/\/themalaysianlawyer.com\/wp-content\/uploads\/2025\/05\/BFMimage-563x360.jpg 563w\" sizes=\"auto, (max-width: 959px) 100vw, 959px\"\/><\/p>\n<p>\u00a0<\/p>\n<p>On 24 April 2025, I spoke on the BFM radio station to speak on recent developments in the field of insolvency. First, with Malaysia\u2019s intention to adopt the UNICTRAL Model Law on Cross-Border Insolvency through the Cross-Border Insolvency Bill. Second, the challenges of recovering overseas assets. Third, the rise of voluntary bankruptcies in Malaysia.<\/p>\n<p>Set out below is an extract of one of the questions and my answer.<\/p>\n<h4><em><strong>Why is it important for Malaysia to have specific laws on cross-border insolvency, especially on the business front?<\/strong><\/em><\/h4>\n<p>Right now, Malaysia doesn\u2019t have clear laws to recognise foreign insolvency proceedings. That\u2019s a gap. But with the proposed Cross-Border Insolvency Bill, I believe it offers a strong economic selling point.<\/p>\n<p>Malaysia is already open for business \u2014 we welcome foreign investment, and we make it easy to set up operations. But we also need to give foreign companies confidence that if they undertake a foreign restructuring or foreign insolvency, their Malaysian assets are protected and can be dealt with smoothly for repayment of debts.<\/p>\n<p>This means certainty \u2014 certainty to operate here, even during foreign distress, and certainty that property can be repatriated or recovered efficiently.<\/p>\n<p>Think of it this way \u2014 Malaysia welcomes foreign companies through special economic zones and secondary listings on Bursa Malaysia. If the company undergoes a restructuring or a liquidation, the Cross-Border Insolvency Bill ensures there\u2019s a clear, predictable path to wind things down.<\/p>\n<p>You can listen to the full <a href=\"https:\/\/www.bfm.my\/content\/podcast\/cross-border-insolvency-bill\"><span style=\"color: #0000ff;\">10-minute podcast<\/span><\/a> on the BFM website.<\/p>\n<p><h3 class=\"jp-relatedposts-headline\"><em>Related<\/em><\/h3>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<p>\t<!-- .entry-footer -->\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 On 24 April 2025, I spoke on the BFM radio station to speak on recent developments in the field of insolvency. First, with Malaysia\u2019s intention to adopt the UNICTRAL Model Law on Cross-Border Insolvency through the Cross-Border Insolvency Bill. Second, the challenges of recovering overseas assets. Third, the rise of voluntary bankruptcies in Malaysia. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":364727,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[97],"tags":[11433,65630,134899,134900,158368,186077,17182,26168,5727,56382,18235,158370,14606],"dealstore":[],"offerexpiration":[],"class_list":["post-364717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal","tag-bankruptcy","tag-bfm","tag-companies-act-2016","tag-corporate-rescue","tag-cross-border-insolvency","tag-cross-border-insolvency-bill","tag-crossborder","tag-insolvency","tag-interview","tag-lee-shih","tag-liquidation","tag-model-law-on-cross-border-insolvency","tag-radio"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BFM Radio Interview on Cross-Border Insolvency - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=364717\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BFM Radio Interview on Cross-Border Insolvency - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"\u00a0 On 24 April 2025, I spoke on the BFM radio station to speak on recent developments in the field of insolvency. 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