Tag Archives: Singapore International Arbitration Centre (SIAC)

SIAC signs Memorandum of Understanding with the Institute of Modern Arbitration of the Russian Federation

The last two years have seen considerable development of Russian arbitration law and practice, with changes to Russian arbitration law intended to enhance Russia’s market reputation as an arbitration-friendly jurisdiction.  In a further development, it was recently announced that the … Continue reading

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Filed under Institutions, News, Russia

‘Bare’ arbitration clauses and the extent to which the Singapore court may assist

In K.V.C Rice Intertrade Co Ltd v Asian Mineral Resources Pte Ltd and another Suit [2017] SGHC 32 ("KVC Action") the Singapore High Court discussed the extent to which the Singapore courts and the Singapore International Arbitration Centre, in its … Continue reading

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Filed under Arbitration clauses, Asia, South East Asia

Singapore arbitration update: Third Party Funding and New SIAC Rules 2016

This week has seen two major developments in Singapore arbitration. First, Singapore's Ministry of Law has published draft legislation to legalise and regulate third party funding for arbitration (and arbitration-related litigation and mediation) in Singapore. Second, the Singapore International Arbitration … Continue reading

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Filed under Arbitration rules, Asia, Institutions, Procedures in arbitration, South East Asia, Summary procedures, Uncategorized

SIAC launches updated rules

The Singapore International Arbitration Centre (SIAC) has announced the launch of updated Arbitration Rules (2016 Rules), replacing the 2014 version. We understand that the 2016 Rules introduce a number of new features, designed to ensure that they reflect current best … Continue reading

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Filed under Asia, News

SIAC reports on arbitration rules review progress and announces new investment arbitration rules

As previously reported (see our previous blog posts here), the Singapore International Arbitration Centre (SIAC) is undertaking a review of its rules.  SIAC Court of Arbitration President, Gary Born, has recently provided further details of the review, including some potentially … Continue reading

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Filed under Arbitration rules, Asia, News, South East Asia

SIAC announces review of the SIAC Arbitration Rules

The Singapore International Arbitration Centre (SIAC) has this week announced that it is formally commencing the process of reviewing the SIAC Arbitration Rules (the Rules) with a view to issuing an updated version in mid-2016. This update to the Rules … Continue reading

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Filed under Arbitration rules, Asia, News, South East Asia

The Singapore High Court reiterates its reluctance to set aside arbitral awards except in “egregious cases”

In the case of Coal & Oil Co. LLC v GHCL Ltd [2015] SGHC 65, the Singapore High Court took the opportunity to reinforce that a party seeking to set aside an arbitral award on the grounds of breach of … Continue reading

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Filed under Asia, Awards, Challenges to awards, South East Asia

SIAC issues Practice Note on the appointment of administrative secretaries

The Singapore International Arbitration Centre (SIAC) has issued a Practice Note on the appointment of administrative secretaries. The brief practice note provides guidance on when a secretary may be appointed and the basis on which a secretary can be remunerated. … Continue reading

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Filed under Asia, News, South East Asia

The Chronicles of Insigma: the Latest Instalment

Alstom v Insigma, the (in)famous SIAC arbitration administered under ICC rules, was recently up for yet another round of judicial sparring following years of proceedings in several fora, which left Alstom Technology Limited (“Alstom”) with a HK$261 million award but … Continue reading

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Filed under Asia, Awards, Enforcement, Hong Kong & China

SIAC emergency arbitrator awards – a speedier route to interim relief before the Indian Courts?

The Singapore International Arbitration Centre (the SIAC) introduced emergency arbitrator provisions in its arbitration rules in July 2010 and has had 34 applications filed before it to date where parties have asked for an emergency arbitrator to be appointed. The … Continue reading

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Filed under Arbitration rules, Arbitrators, Asia, India, Institutions