COVID-19 Governance: New legislation provides temporary relief from performance for selected Singapore-related contracts (Singapore)

On 7 April 2020, the Singapore Parliament passed the COVID-19 (Temporary Measures) Bill (the COVID Act), which, amongst others, offers temporary reprieve to qualifying parties or qualifying contracts: found here. The COVID Act is a bold move by the Singapore government to pre-emptively manage the foreseeable increase in legal proceedings for enforcement of contractual rights. … Read more

New class action law in Thailand

The Thai Civil Procedure Code has been amended to allow for class action suits to be brought by large groups of plaintiffs for breach of civil wrongs, including breach of tort, breach of contract and breach of labour rights. The amendment is the product of a 14-year class-action amendment consultation process, involving collaboration between Thailand … Read more

An exercise in restraint: Singapore Court of Appeal confirms courts will give effect to agreements limiting the circumstances in which a contractor can restrain a call on performance bonds

The Singapore Court of Appeal (the “CoA“) recently delivered its judgment in CKR Contract Services Pte Ltd v Asplenium Land Pte Ltd and Another [2015] SGCA 24. In a landmark ruling, the CoA found that where parties to a construction contract agree to limit the circumstances in which a contractor is entitled to seek an … Read more

ADR Practical Guide launched on the use of Mediation with Arbitration

Our London ADR team has launched the sixth guide in their series of ADR Practical Guides, designed to provide clients with essential practical guidance on various processes falling under the banner of alternative dispute resolution (ADR), with a particular focus on mediation. Guide No. 6: ‘Use of Mediation with Arbitration’ provides a brief description of how mediation and … Read more

Potential Eurozone Break-Up: Questions and Answers

There has been speculation of the possibility of a withdrawal by a Member State from the Euro. What are the issues for creditors that would arise if a Member State were to decide to leave the Eurozone? What are the potential methods by which a Member State could exit and what are the different consequences? … Read more