In FirstLink Investments Corp Ltd v GT Payment Pte Ltd [2014] SGHCR 12, the Singapore High Court held that an international arbitration agreement expressed to be governed by an arbitral institution’s rules instead of a national law may be enforceable. The court also held that, in absence of any contrary indications, the parties’ choice of arbitral seat would be taken as the parties’ implied choice of proper law governing the arbitration agreement. Facts FirstLink Investments…
In a recent decision, the Singapore High Court (the “HC”) held that a question of international law is…
Corporate directors and officers may be bound by arbitration agreements entered into by the corporation of which they…
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…
The background Turkey’s International Arbitration Law requires that an agreement to arbitrate disputes be clear and definite. An…
In a ruling of 27 November 2013, the Federal Supreme Court dealt with the question as to whether…