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CLOSETSMP in the news
Felicia Tan was quoted in ST: “Luxury marketplace Reebonz appoints provisional liquidator to wind up company”
TSMP Law Corporation partner Felicia Tan was quoted in a Straits Times article on 11 September 2021 on the Reebonz winding up.
She said “Unless the individual sellers have security, they are unsecured creditors who are most unlikely to receive full repayment.
“Unsecured creditors can only wait in line to receive some payment after everyone else is paid. It could take months, or even years, before these sellers see some cash” she added.