Impact of the SIAC Rules 2016 on Joinder and Consolidation The latest edition of the Arbitration Rules of the Singapore International Arbitration Centre (“SIAC Rules 2016”) introduced ground-breaking innovations and enhancements to provide its users with greater time and cost efficiencies. This update focuses on two significant changes introduced in the SIAC Rules 2016 – enhancements to applications for joinder and new provisions for consolidation, for the efficient resolution of multi-party and multi-contract arbitrations that…
Recent Developments In mid-2016, the Singapore Ministry of Law conducted a public consultation on legislative amendments to introduce…
The Singapore High Court has recently affirmed the enforceability of one-sided optional arbitration clauses (Dyna-Jet Pte Ltd v…
On 15 December 2016, the Hong Kong International Arbitration Centre (“HKIAC”) released its data on the costs and duration of an HKIAC arbitration, following the release of similar data by the Singapore International Arbitration Centre (“SIAC”) on 10 October 2016, the Arbitration Institute of the Stockholm Chamber of Commerce (“SCC”) on 24 February 2016, and the London Court of International Arbitration (“LCIA”) on 3 November 2015. These statistics enable users to reach a more informed…
Get a quick comparison of commonly used arbitration rules in the ASEAN region in this Chart of Arbitral…
The new SIAC Rules 2016 (the “2016 Rules”) will now allow disputes to be consolidated or parties to…
The Singapore High Court has recently dismissed a challenge to set aside an arbitration award in AYH v AYI and another [2015] SGHC 300, confirming that parties should make full use of any opportunities to submit upon any new issues of law and fact that arise during the course of an arbitration when they arise and not later, e.g. by way of a challenge to any award. If an issue arises in an arbitration and…
The Court of Appeal of Singapore has confirmed that minority shareholder claims under s. 216 of the Singapore…
The much awaited text of the TPP has been released. As anticipated, the Investment Chapter (Chapter 9) sets…
Agreement has been reached on the long-awaited Trans-Pacific Partnership (TPP). The TPP is a free trade agreement between 12 Pacific Rim nations, including Australia, Japan, Malaysia, New Zealand, Singapore and the United States, which represent around 40% of global GDP and one third of world trade. The text of the TPP is still being finalised by the TPP States and is not yet available. Reports indicate that the TPP includes an Investment Chapter with a…