“To the Singapore courts, how the relationship between [the BVI, U.S., and Singapore entities] is described on the companies’ website or publicity materials would not matter,” Lin said. “The real test is of the actual relationship between the entities, and the court will consider whether there is real evidence that Three Arrows Singapore is in actuality a subsidiary.”
Crypto Regulation A Key Concern, Say Fed Minutes
On Wednesday, the Federal Reserve released minutes from the Federal Open Market Committee's July 26-27 meeting. The committee noted concerns...