2nd Edition of International Arbitration Dialogues [December 07, 2023]
IAF in collaboration with KPMG and EBC Publishing Pvt Ltd are organising second edition of International Arbitration Dialogues on December 07, 2023
SICC
Singapore Court of Appeal clarifies the proper interpretation of ‘reasonable costs’ under Order 110 Rule 46 and the way it needs to be assessed
The issue of cost recovery in various forums could impact the choice of dispute resolution forum by parties seeking to resolve their international commercial disputes in Singapore. This is a chief judgment for thirdparty funders, funding disputes in Singapore, as the degree to which costs may be recovered would be a relevant factor in making the commercial decision to fund a dispute.