top of page

A leading disputes-body from Singapore forms an alliance to promote city-state as center for........



Three leading disputes bodies from Singapore banded to promote Singapore’s attractiveness for disputes resolution with two new initiatives encouraging an integrated approach for business seeking to resolve their disputes in Asia’s most popular dispute hubs. The Singapore International Commercial Court jointly hosted an event last week with the Singapore International Arbitration Centre and the Singapore International Mediation Centre to launch the initiatives. Singapore’s Second Minister for Law, Edwin Tong SC, and a newly-appointed President for SICC, Justice Philip Jeyaretnam endorsed the approach. Supported by the SICC, the SIAC has introduced a model jurisdiction clause for dealing with international arbitration seated in Singapore for use in contracts requiring a SIAC dispute resolution clause that will enable the SICC to act as the supervisory court instead of the High Court of Singapore.


The new clause will promote SICC as Singapore’s arbitral jurisdiction of choice, with both Tong and Jeyaretnam stressing its supervisory abilities to manage businesses swiftly, deliver faster judgements and assign judges well versed in arbitration to deliver potential cost savings.


 

#lawfirmstrategy#lawfirmmarketing#lawfirmmanagement#lawfirmgrowth#lawfirmleadership#legaltech#legalindustry#legal#legalmanager#legalknowledge#legalmarketing#legaleducation#legaladvice#legalcommunity#legalmatters#legalcounsel#legaldocuments#legalconsulting#legalai#legalcloud#lawtech#lawyers#lawpractice#lawupdates#laws#lawnews#lawenforcement

 

Follow LexTalk World for more news and updates from International Legal Industry.

 

1 view

Comments


bottom of page