In DTH v DTF [2026] SGHC(I) 5, the Singapore International Commercial Court (“SICC”) dismissed an application by successful arbitral claimants to set aside or remit the costs portion of a Singapore-seated arbitral award. The applicants had won the merits phase of the arbitration but failed before the arbitral majority to recover their third-party funding costs […]
Singapore Arbitration
Singapore’s High Court Rejects Spain’s State Immunity Defence (NextEra Energy v Spain [2026] SGHC 43)
In NextEra Energy Global Holdings B.V. and NextEra Energy Spain Holdings B.V. v Kingdom of Spain [2026] SGHC 43 (“NextEra v Spain”), the High Court of Singapore held that Spain was not entitled to state immunity in proceedings to register and enforce an award rendered under the Convention on the Settlement of Investment Disputes between […]
Notice of Arbitration by SMS: Efficiency vs. Fairness
Arbitral institutions and rules are increasingly adapting their procedures to reflect how parties actually communicate in this digital age. The Hong Kong Arbitration Society (HKAS) Online Arbitration Rules are a prime example. They expressly provide that written communications, including a Notice of Arbitration, may be transmitted electronically – whether by e-mail, SMS, instant messaging, or […]
Arbitration and Winding Up: Diverging Approaches
Winding up is “[a] type of external administration (also referred to as liquidation) in which a liquidator is appointed to a company to take control of the company and its property, and wind up its affairs in an orderly way for the benefit of creditors”.[1] This process can be initiated voluntarily by a company’s shareholders or […]
Waiver of the Right to Arbitrate
In commercial disputes, parties often choose arbitration as an alternative method of resolving their disputes outside of traditional court proceedings. Despite the existence of an arbitration agreement, it is widely accepted that a party’s right to arbitrate may be waived by either an explicit contractual provision or its subsequent conduct. The courts have taken different […]
Enforcement of Arbitration Award Rendered in Favour of Non-Existent Company Rejected
A Singapore local court recently prevented the enforcement of an arbitration award rendered in favour what was determined to be a non-existent company, underlining the importance of the continuity of legal persons in international arbitration.[1] The application before the Singapore local court involved National Oilwell Varco Norway AS (formerly known as Hydralift AS) as the […]
Aceris Law’s Client Awarded USD 8.2 Million in SIAC Arbitration under Singapore Law
Aceris Law is pleased to announce that it has assisted another client in succeeding upon its claims, in a decisive manner, in a SIAC arbitration taking place under Singapore law against the subsidiary of a large, publicly-listed company. The dispute, which had its seat in Singapore, concerned, inter alia, variation claims and claims for prolongation […]
The SIAC Arbitration Clause
The Singapore International Arbitration Centre or SIAC is one of the fastest growing arbitral institutions in the world with 452 new cases received in 2017. The parties to a contract may agree to refer their disputes to arbitration in accordance with the SIAC Arbitration Rules. By doing so, the parties agree that their disputes will be resolved by arbitration and […]
International Arbitration in Singapore
Arbitration in Singapore has been developing in line with Singapore becoming a financial and legal hub and one of the major centres for international arbitration in Asia and in the world. Arbitration is governed by two separate legal regimes. Domestic arbitration is governed by Arbitration Act (Cap. 10) 2002 (“Arbitration Act”), while international arbitration is […]
