Blackstone Asia Real Estate Partners Limited (In Liquidation) & 2 Ors

Q: Which legislation does [2025] SGHC 191 consider?

The judgment refers to Companies Act (Cap 50), Insolvency, Restructuring and Dissolution Act, and Restructuring and Dissolution Act. The statutes cited are listed in full on this page, each linking to its primary text.

[2025] SGHC 191 High Court (General Division) 24 September 2025 • HC/OA 533/2022 ( HC/SUM 810/2025 ) |HC/OA 142/2023 ( HC/SUM 1789/2025 ) • 22 min read

10 cases cited (8 SG, 2 foreign) Cited by 2 cases

Outcome

Application dismissed

the applications are dismissed.

Source: [2025] SGHC 191, High Court (General Division), decided 24 September 2025. Read directly from the judgment.

Key facts

Court	High Court (General Division)
Decided	24 September 2025
Judge	Aidan Xu @ Aedit Abdullah
Charges / claim	Insolvency Law
Outcome	Application dismissed
Counsel	Cairnhill Law LLC, Drew & Napier LLC, Foo & Quek LLC, I.R.B. Law LLP, LVM Law Chambers LLC, NLC Law Asia LLC, Oon & Bazul LLP, Sreenivasan Chambers LLC, Ammani Mathivanan, Cavinder Bull, Chia Voon Jiet, Ee Yong Chun Bernard, Han Guangyuan Keith, Jerald Tan, Kong Man Er (Jiang Man'Er), Koo Jin Rong, Lye Yu Min, Melvinder Singh s/o S Ajaib Singh, Muk Chen Yeen Jonathan, Ng Lip Chih, Nicholas Tham Yong Liang, Quek Liuyong Uthai (Guo Liuyong Uthai), Rajaram Muralli Raja, Rezvana Fairouse d/o Mazhardeen, Sim Bing Wen, Tan Jinwen Mark (Chen Jinwen), Tan Lin Yin Vickie, Tan Si Xin Adorabelle, Tang Xi-Rui, Charlotte, Tay Hong Zhi Gerald, Valerie Wong Le Yee

Source: [2025] SGHC 191, High Court (General Division), decided 24 September 2025 — eLitigation. Updated 25 June 2026.

Catchwords

Insolvency Law — Cross-border insolvency

Practice Areas

Insolvency Law

Judges (1)

Aidan Xu @ Aedit Abdullah Delivered

Counsel (31)

Parties (11)

BSI Bank Limited (In Liquidation) Third Party Blackstone Asia Real Estate Partners Limited (In Liquidation) Applicant Brazen Sky Limited (In Liquidation) Applicant Standard Chartered Bank (Singapore) Limited Third Party Angela Barkhouse Applicant Hans Peter Brunner Third Party Jowie Yeo (formerly known as Yeo Jiawei) Third Party Raj Sriram Third Party Seah Mei Ying (formerly known as) Seah Yew Foong Yvonne Third Party Toni Shukla Applicant Yak Yew Chee Third Party

Case Significance

[2025] SGHC 191 is a High Court (General Division) decision dated 24 September 2025 concerning Insolvency Law, specifically addressing cross-border insolvency. The judgment was delivered by Aidan Xu @ Aedit Abdullah. Legal representation was provided by LVM Law Chambers LLC. The judgment cites 10 cases (8 Singapore, 2 foreign) and references 3 statutory provisions, including the Companies Act, the Insolvency, and the Restructuring and Dissolution Act.

[2025] SGHC 191 explained

Blackstone Asia Real Estate Partners Limited (In Liquidation) & 2 Ors ([2025] SGHC 191) is a Singapore judgment decided by the High Court (General Division) on 24 September 2025. It is categorised under Insolvency Law. Within this corpus it has since been cited by 2 other reported Singapore judgments, a measure of how often later decisions have referred to it. This page summarises what the reported decision covers and links the primary sources — the full judgment, the statutes it cites, and the other cases it engages with — so the decision can be read in context. It is reference information, not legal advice, and it does not state the outcome or any holding beyond what the official judgment records.

What is [2025] SGHC 191 about?

Blackstone Asia Real Estate Partners Limited (In Liquidation) & 2 Ors ([2025] SGHC 191) is a High Court (General Division) decision from 2025. Its published catchwords are “Insolvency Law — Cross-border insolvency”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.

Which legislation does [2025] SGHC 191 consider?

The judgment refers to Companies Act (Cap 50), Insolvency, Restructuring and Dissolution Act, and Restructuring and Dissolution Act. The statutes cited are listed in full on this page, each linking to its primary text.

How influential is [2025] SGHC 191?

Within this corpus, [2025] SGHC 191 has been cited by 2 later reported Singapore judgments. That count reflects references from other decisions held in this corpus only and is a conservative lower bound on how often the case has actually been cited.

Summary

Liquidators of two BVI companies sought standing to pursue avoidance claims against banks in respect of transactions that occurred before the UNCITRAL Model Law came into force in Singapore. The court dismissed both applications, finding that Art 23(9) of the Singapore Model Law barred the foreign representatives from pursuing avoidance actions since the transactions predated the statute's commencement.

What was decided in [2025] SGHC 191?

[2025] SGHC 191 (Blackstone Asia Real Estate Partners Limited (In Liquidation) & 2 Ors) is a High Court (General Division) decision from 24 September 2025 addressing Insolvency Law, specifically cross-border insolvency. The judgment was delivered by Aidan Xu @ Aedit Abdullah.

Which judge decided [2025] SGHC 191?

[2025] SGHC 191 was delivered by Aidan Xu @ Aedit Abdullah in the High Court (General Division) on 24 September 2025. The case concerned Insolvency Law.

What cases and statutes does [2025] SGHC 191 cite?

[2025] SGHC 191 cites 10 prior decisions, including 2 from foreign jurisdictions. It references Companies Act, Insolvency, Restructuring and Dissolution Act.