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On 5 January 2015, the Minister of Law K Shanmugan and Chief Justice Sundaresh Menon officially launched the new Singapore International Commercial Court (SICC), following the Opening of the Legal Year. The SICC will decide global commercial cases and is part of the plan to position Singapore as Asia’s dispute resolution hub, which includes the Singapore International Arbitration Centre, established in 1991, and the Singapore International Mediation Centre, launched in November last year. The establishment…

Alternative dispute resolution (“ADR”) mechanisms have gained recognition and acceptance. Common types of ADR include mediation, neutral evaluation and arbitration, which generally provide more flexibility when compared with litigation. Commercially, it is in parties’ interests to resolve disputes amicably through mediation or negotiations, preserving relationships and saving costs. This increased recognition and acceptance of ADR mechanisms may have led to many contracts providing for multi-tiered dispute resolution mechanisms. Examples include clauses which provide that disputes…