TECH MATTERS The Ethical Path to Singularity - Governance of Artificial Intelligence; an Eye on the Digital World In the Tech Matters Series, we will, in collaboration with leading corporate personalities from the global tech ecosystem, consider the latest in...
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E-briefing: Sale of Property Under a Writ of Seizure and Sale Without Mortgagee’s Consent
SALE OF PROPERTY UNDER A WRIT OF SEIZURE AND SALE WITHOUT MORTGAGEE’S CONSENT BYX v BYY [2019] SGHC 237 Introduction 1. In the recent decision of BYX v BYY [2019] SGHC 237, the Singapore High Court ordered that the Sheriff proceed with the sale of an immovable...
Legal Update: Offshore Economic Substance Requirements and Singapore landscape for businesses
Offshore Economic Substance Rules In order to address alleged concerns on unfair tax practices, the European Union has sought to introduce economic substance requirements. As a result, many of the traditional offshore jurisdictions, including the British Virgin...
E-briefing: Singapore Infrastructure Dispute-Management Protocol (“SIDP”) 2018
SINGAPORE INFRASTRUCTURE DISPUTE-MANAGEMENT PROTOCOL (“SIDP”) 2018 Effective management of differences or disputes in the context of mega construction or infrastructure projects Background to the SIDP 1. The Singapore Infrastructure Dispute-Management Protocol...
E-briefing: Recognition of Foreign Bankruptcy Orders by the Singapore High Court
RECOGNITION OF FOREIGN BANKRUPTCY ORDERS BY THE SINGAPORE HIGH COURT Henice Tombak Simanjuntak and others v Paulus Tannos and others [2019] SGHC 216 Introduction 1. Pursuant to the Companies (Amendment) Act 2017, the UNCITRAL Model Law on Cross-Border Insolvency...
Tech Matters: The True Road to Damascus – Arbitrating Class Action Data Breaches?
TECH MATTERS The True Road to Damascus – Arbitrating Class Action Data Breaches? In the Tech Matters Series, Shaun Leong, Partner based in Eversheds Sutherland’s Singapore office, Eversheds Harry Elias, considers the latest in technology disputes and trending...
E-briefing: Singapore Court of Appeal Affirms Power to Grant Mareva Injunctions in Aid of Foreign Court Proceedings
Singapore Court of Appeal Affirms Power to Grant Mareva Injunctions in Aid of Foreign Court Proceedings Introduction 1. The Singapore Court of Appeal (“SGCA”) in Bi Xiaoqiong (in her capacity and as trustee of the Xiao Qiong Bi Trust and the Alisa Wu Irrevocable...
E-briefing: Recognition of moratorium granted by Singapore Courts as foreign main proceedings under UK’s enactment of the UNCITRAL Model Law on Cross-Border Insolvency
Recognition of moratorium granted by Singapore Courts as foreign main proceedings under UK’s enactment of the UNCITRAL Model Law on Cross-Border Insolvency H & CS Holdings Pte Ltd v Glencore International AG [2019] EWHC 1459 (Ch) Introduction 1. The High Court of...
E-briefing: Issues on Costs in Arbitration-related Court Proceedings
Important developments and continuing conversations on costs in arbitration-related court proceedings in Singapore that will impact the Corporate Counsel's management of costs in future arbitration-related disputes. 1. The SAL Law Reform Committee ("Committee")...
Legal Update: MAS Guidance on Payment Services Act
MAS Publishes FAQ on Payment Services Act Our previous e-bulletin “Transitions to the Payment Services Act” released on 14 June 2019 highlighted the affected payment services that will be regulated under the new Payment Services Act (“PS Act”) and the transition...