Singapore has passed a law that allows lawyers and their clients to enter into Conditional Fee Arrangements (“CFAs“) for certain proceedings such as international and domestic arbitrations, and some proceedings in the Singapore International Commercial Court and related court and mediation proceedings. The Ministry of Law first introduced the amending law – the Legal Profession
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By Kay Yong, Counsel, JTJB Lawyers, Singapore Delivery orders and invoices are ubiquitous commercial documents issued by suppliers in business, the functions of which primarily serve to verify the work done by the supplier and to request payments from customers for goods / services sold. Given the nature of delivery orders and invoices, do standard
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Case update on The “Jeil Crystal” [2021] SGHC 292, by Mary-Anne Chua, Partner, JTJB Lawyers, Singapore It is typical when commencing an in-rem action and arresting a vessel, to first file a generally endorsed writ, and to supplement this post arrest, with a more comprehensive Statement of Claim. In The “Jeil Crystal” [2021] SGHC 292,
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What was one highlight matter you have worked over the course of the past two years? That would definitely be the Hin Leong/Ocean Tankers matter, where we were appointed by the judicial managers. We are involved in selling off the vessels by the judicial manager but were appointed prior to COVID-19. Prior to the pandemic,
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LAW BITES SPECIAL – DECEMBER 2021 SINGAPORE CHAMBER OF MARITIME ARBITRATION LAUNCHES THE 4TH EDITION OF ITS RULES On 1st December, SCMA released the 4th edition of its rules after having conducted public consultations between 16th June to 31st August 2020. These have culminated in changes thatour firm welcomes wholeheartedly, seeing as that they have
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Shipping, to no one’s surprise, was one of the key topics of discussion at COP26. After all, the sector is said to blast over a billion tonnes of carbon dioxide into the atmosphere each year. A series of shipping-related topics were hosted at the conference. In the first few days alone, country and sector leaders
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By John Sze, Deputy Managing Partner, JTJB Lawyers It’s no secret that companies across the globe are contending with a myriad of commercial disputes as a consequence of the effects of the COVID-19 pandemic. Intrinsically intertwined with global supply chains, the shipping sector holds no immunity. But disputes are costly by nature and parties may
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by K. Murali Pany, Managing Partner, JTJB Lawyers, Singapore In our previous (debut) edition, we wrote about the risks that cybercrime poses to the shipping community and how they can potentially manage those risks. There are many types of cybercrime methods, which will undoubtedly continue to evolve over time. We’ve listed some other modus operandi
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No Jab, No Job – Singapore Means Business A lot has happened since our last update on regional vaccination standards and measures in August. Notably, Singapore has taken some significant steps to ensure that the country moves towards business normalcy, and that those who have chosen not to be vaccinated bear some responsibility for the
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Introduction With the rising importance of environmental, social and governance (“ESG”), businesses are actively committing to maximising the triple bottom line (i.e. People, Planet, and Profit). A proper management of ESG risks is vital for Singapore businesses to be a successful player in both the Asian and international markets. Recent ESG Related Initiatives Energy intensive
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