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The Implications Of Commencing Court Proceedings When There Is An Arbitration Agreement   When disputes arise between parties to a contract that contains an arbitration clause, it is certainly not uncommon for one party to commence court proceedings. The Singapore Court of Appeal (“CA”) recently warned in Marty Ltd v Hualon Corp (Malaysia) Sdn Bhd

We are pleased to present the JTJB Network Legal Update consisting of articles by our network offices on important developments in their jurisdictions. JTJB Singapore Update: Considerations When Supplying A Ship, ICO – The New Money Malaysia Removes GST Taxing Cryptocurrencies in Thailand Modernisation Of Investment Landscape In Myanmar Under Myanmar Companies Law 2017 Taiwan’s

Trade Credit Insurance Seminar With the growth of international trade across the world, the use of trade credit insurance (“TCI”) as a risk management tool has become increasingly common. However, the conventional use of TCI may not always fit with evolving sophisticated trade structures. On the 19th September 2018 JTJB Partner, Baldev Bhinder conducted a

Arbitration Clauses: A tool to get around Germany´s strict law on unfair contract terms? I. The “Flaw” of German Law German private contract law bears one feature that makes it partly unattractive to parties to agree on its applicability on their choice of law clause in international contracts: This “flaw”, if you would like to

SINGAPORE HIGH COURT AWARDS DAMAGES TO CANADIAN COMPANIES The Singapore High Court recently allowed claims brought by Forest Fibers Inc (“FFI”) and RGA Holdings International Inc. (“RGA”), Canadian suppliers of recycled material, against KK Asia Environmental Pte Ltd (“KK Asia”), their local joint venture partner, and its two local directors. The case was complicated because

A New Agreement between China and Singapore on a Guide for the Recognition and Enforcement of Money Judgments   On 31 August 2018, the Supreme Court of Singapore and the Supreme People’s Court signed a Memorandum of Guidance (MOG) that provides guidance on the standards and procedures for money judgments issued by the Singapore courts

Dry Bulk Shipping Summit Shanghai JTJB Deputy Managing Partner, John Sze was a speaker at the 11th Dry Bulk Shipping Summit held in Shanghai on the 5th and 6th July 2018. The event, attended by 168 delegates from both the domestic and international market, featured key presentations on the financial, operational and legal issues concerning

Russian Submarines in the European Baltic Sea -unusual visitors during the holiday season In case you went on a sailing or other boat trip in the Baltic Sea this July, you might have spotted some other sights apart from off-shore wind parks or cargo vessels. A number of Russian submarines are on their way through

Minority Oppression – Section 216 or 216A? Minority shareholders often experience oppression or injustice when they are unfairly outvoted by the majority at shareholder meetings. Aggrieved shareholders who wish to seek recourse can rely on Sections 216 and 216A of the Companies Act. If the oppression is a wrong affecting them in their personal capacity,

Ship Collision Seminar JTJB Managing Partner Murali Pany hosted a breakfast seminar on Ship Collisions on 8 June 2018 for ship owners, charterers and ship managers. Senior Consultant, Nicholas White from London Offshore Consultants was invited as a guest speaker. Murali spoke about evidential and procedural issues that could impact recovery of losses while Nick