A common misconception is that any and every commercial dispute can be resolved via arbitration. However, this is not the case. Under Singapore law, some types of commercial disputes cannot be referred to arbitration. These include matters like winding up of companies, and disputes arising from the operation of statutory provisions of insolvency regimes. Such
Read MoreWith the aim of mitigating the use of corporate vehicles for illicit purposes, Singapore has implemented enhancements to the transparency of Singapore’s corporate governance regime, which came into effect on 4 October 2022. These enhancements are in alignment with recommendations made by the Financial Action Task Force, and affirm Singapore’s pledge to combating money laundering,
Read MoreWe are pleased to share that JTJB is ranked as Leading Firm in the Shipping in this year’s Legal 500 Asia Pacific Guide. In Singapore, a number of our partners have been ranked as leading and recommended lawyers, namely Senior Partner Danny Chua (Leading Individual), Managing Partner K. Murali Pany and Deputy Managing Partner John
Read MoreIn very recent years, there has been an increase in the number of shipbuilding contracts for the first time following the 2008 financial crisis. Many vessels commissioned around the shipping boom of 2005 are now approaching middle age. The push for greener shipping (along with the incentives that follow) also provide an incentive for companies
Read MoreWe are delighted to announce that JTJB LLP has again been ranked in Chambers and Partners Asia-Pacific Guide 2023 for our expertise in Shipping. Our Deputy Managing Partner John Sze and Senior Partner Danny Chua are also recognised as Leading Individuals. “The team at Joseph Tan Jude Benny goes the extra mile and exceeds expectations.” “Their bench strength is
Read MoreThe shipping industry is responsible for 3% of all global greenhouse gas emissions, equivalent to what Germany emits annually. Yet, across the globe, almost all of shipping is currently still powered by burning fossil fuels including bunker fuel and marine diesel. Ahead of the COP 27 climate conference kicking off in Sharm el-Sheikh last week,
Read MoreRecent years have seen growing tensions in the trade relations between the U.S. and China. Both countries are pursuing policies to reduce dependence on the other to manufacture goods deemed to be of national importance. Legislation has also been put in place by both countries as part of efforts to gain critical intellectual property related
Read MoreWe are proud to be recognised as one of Singapore’s Best Law Firms 2023 in the following areas: Insolvency & Restructuring Maritime & Shipping This award is based on an annual survey conducted by The Straits Times and international market research company Statista. Each year, they survey over thousands of lawyers, clients and colleagues in
Read MoreWhile Environmental, Social and Governance (ESG) may not be on every shipping company board’s agenda, this is likely to change very soon. Maritime transport represents a significant source of greenhouse gas (GHG) emissions, accounting for about 3% of global GHG emissions annually.[1] The United Nations International Maritime Organization (IMO) has adopted an initial strategy
Read MoreDespite the recent meltdowns, the cryptocurrency market is still alive and well and continues to see record levels of trade and investment even in the retail market. We have compiled below some legal evaluations of unexpected situations one might face in the cryptocurrency market. Receiving an unexpected transfer of cryptocurrency Imagine waking up one day
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