Tag Archives: Singapore
A new international Convention for the enforcement of mediated settlements
We are soon to have a new international regime for the enforcement of mediated settlement agreements. The UN Convention on International Settlement Agreements Resulting from Mediation, which will be known as the Singapore Convention, was approved in June 2018 by UNCITRAL … Continue reading
Filed under ADR, Mediation (General)
Be on time to preserve your right to Active Remedies – the Singapore High Court considers a party’s duty to apply promptly when challenging the jurisdiction of an arbitral tribunal
In Rakna Arakshaka Lanka Ltd (“RALL“) v Avant Garde Maritime Services (Private) Limited (“AGMS“) [2018] SGHC 78, the Singapore High Court dismissed an application to set aside an award on jurisdiction, on the basis that the applicant had failed to … Continue reading
Filed under Arbitration, Jurisdiction, Singapore
New convention on the enforcement of mediation settlement agreements approved
On 26 June, at the 51st session of UNCITRAL, final drafts for a Convention on the Enforcement of Mediation Settlements and corresponding Model Law were approved. This paves the way for adoption by UNCITRAL’s Commission later this year. It is … Continue reading
Filed under ADR, Mediation (General), Singapore
Singapore’s first cryptocurrency dispute to go to trial
There has been a significant increase in interest in, and the use of, cryptocurrencies in recent times. Cryptocurrencies are essentially de-centralised virtual currencies, which are not linked to any particular country, nor regulated by any central bank or monetary authority. … Continue reading
Filed under Singapore, South East Asia
Forum Election, Forum Non Conveniens and the Singapore International Commercial Courts
In its recent decision in Rappo v. Accent Delight International Ltd and another [2017] SGCA 27, the Singapore Court of Appeal considered the distinction and relationship between the doctrines of forum election and forum non conveniens. Notably, the Court also … Continue reading
Filed under Jurisdiction, South East Asia
Wikileaked? Singapore Court upholds privilege over hacked documents
In the recent decision of Wee Shuo Woon v HT S.R.L [2017] SGCA 23, the Court of Appeal considered whether evidence which had been made available on WikiLeaks as a result of the Respondent's ("HT S.R.L."') computer systems being hacked … Continue reading
Filed under ADR, Data protection
Singapore Court of Appeal confirms the validity of “unilateral option to arbitrate” clauses
In the recent decision of Wilson Taylor Asia Pacific Pte Ltd v Dyna-Jet Pte Ltd [2017] SGCA 32, the Singapore Court of Appeal confirmed that the Singapore courts will enforce a dispute resolution clause which gives only one party the … Continue reading
Filed under South East Asia
PRC court recognises and enforces a Singapore High Court judgment based on reciprocity principle
The Nanjing Intermediate People's Court in Jiangsu Province, China ("Nanjing Court") recently issued a ruling recognising and enforcing a default judgment granted by the High Court of Singapore ("Singapore Judgment") based on the reciprocity principle. Although permitted under the PRC … Continue reading
Filed under China
Singapore and Delaware courts adopt Guidelines for Communication and Cooperation between Courts in Cross-Border Insolvency matters
On 1 February 2017, the Supreme Court of Singapore and the United States Bankruptcy Court for the District of Delaware announced that they will formally implement the Guidelines for Communication and Cooperation between Courts in Cross-border Insolvency Matters ("Guidelines"). … Continue reading
Filed under Insolvency, South East Asia
Singapore: SGX reprimands oilfield services firm for failure to provide a balanced and fair announcement to the market
The Singapore Exchange (SGX) issued a public reprimand to Swiber Holdings Limited (Swiber), an oilfield services firm, on 31 October 2016 (Regulatory Announcement) for failing to provide a balanced and fair project announcement to the market. SGX was of the … Continue reading
Filed under Financial Services Regulation