Singapore has amended its International Commercial Court in order to strengthen its status as a hub of international arbitration. According to Lexology, on January 9th, 2018, the Supreme Court of Judicature passed amendments which clarify that the Singapore International Commercial Court (“SICC”) has jurisdiction to hear proceedings relating to international commercial arbitration, and also abolish the pre-action certificate […]
On 15 September 2017,Fiji passed the International Arbitration Act 2017 (the Act). The Act, which is based on the United Nations Commission on International Trade Law on International Commercial Arbitration 1985 (incorporating the 2006 amendments) (Model Law), implements Fiji’s commitments under the Convention on Recognition and Enforcement of Foreign Arbitral Awards 1958 (New York Convention), […]
Singapore and Britain are home to successful international legal centres because they have an open and liberal approach to providing legal services. And given their close trade links and shared perspectives, both countries stand to learn from each other, said Advocate-General for Scotland Richard Keen. Lord Keen, 63, who is also Britain’s Ministry of Justice […]
Litigation funding firm Burford Capital has opened a new Asian office in Singapore with the hire of a former Allen & Overy lawyer.Director Quentin Pak will join the firm on Oct. 30 from the Commonwealth Bank of Australia where he was an executive director leading the commodities businesses in Asia.
Following the consultation paper issued by the Third Party Funding for Arbitration Sub-Committee of Hong Kong’s Law Reform Commission (LRC) in October 2015 and recommendations made by the LRC in its report dated 12 October 2016, the Legislative Council of Hong Kong passed the Arbitration and Mediation Legislation (Third Party Funding) (Amendment) Bill 2016 on […]
The Permanent Court of Arbitration (PCA) will soon be opening an office in Singapore – the second one outside its headquarters in The Hague and the first in Asia.
Forum non conveniens is one of several judicial abstention doctrines, applied from time to time by U.S. courts, that permit a court to dismiss (without prejudice) a plenary action in its discretion. In a forum non conveniens case, the court’s jurisdiction is not in question, but the relative legal “inconvenience” of having the matter heard […]
Hong Kong’s Legislative Council on Wednesday passed a bill allowing third-party funding in arbitration, which is expected to come into effect later this year. Singapore, Asia’s other leading arbitration seat, passed a similar bill in January, so this move is “a welcome development, which will help Hong Kong maintain its status as one of the […]