Region: Singapore
SIAC to hear claim over Seoul skyscraper sale
UPDATED: A South Korean investment firm has launched a SIAC claim after pulling out of a deal to acquire a landmark development in Seoul’s financial district for nearly US$2.8 billion.
26 September 2022
BVI non-signatories seek to escape Google claim
Two British Virgin Islands companies have asked a US court to overturn an ICDR award that found they are bound by an arbitration agreement in a US$146 million dispute with Google’s Asian arm over unpaid advertising fees.
08 September 2022
Funder backs Singapore investor’s claim against China
A Singaporean group has secured third-party funding for a US$170 million treaty claim against China over the curtailment of its phosphate mining activities to make way for a panda reserve.
24 August 2022
Criminal conviction raises stakes in airline catering dispute
A Korean executive’s conviction last week on criminal charges relating to an airline catering contract is expected to be raised in a pending Singapore challenge to a US$1.78 billion ICC award.
23 August 2022
Carlsberg wins South Asian joint venture dispute
A SIAC tribunal chaired by Jan Paulsson has ruled in favour of Carlsberg in a US$1.5 billion dispute relating to its businesses in Nepal and India, giving the Danish brewer the right to buy its partner out of a joint venture.
18 August 2022
Alvin Yeo SC dies aged 60
Alvin Yeo SC, co-founder of WongPartnership and the youngest ever lawyer to be appointed senior counsel in Singapore, has died aged 60 following a two-year battle with cancer.
01 August 2022
SIAC award survives coercion allegations
A mining executive and his son who alleged they were coerced at knifepoint into settling a joint venture dispute while suffering from mental illness have lost their challenge to a US$12 million SIAC award in Singapore.
29 July 2022
Moser award set aside over “flexible approach” to damages
Singapore’s Court of Appeal has partially set aside a €62 million ICC award over a Malaysian steel plant after finding that a tribunal chaired by Michael Moser breached due process by adopting a “flexible approach” to proof of damage.
26 July 2022
Crypto fund collapse produces billion-dollar claim
A Singapore-based currency trader has filed a US$2.4 billion ICDR claim seeking to recover loans issued to a crypto hedge fund that it says suffered an “unprecedented implosion” following market volatility.
21 July 2022
WongPartnership hires from Rajah & Tann
Alessa Pang has joined WongPartnership as partner in Singapore after almost nine years at Rajah & Tann.
21 July 2022