In a decision reiterating the importance of upholding arbitration agreements, the General Division of the High Court of Singapore (High Court) has affirmed that the grant of an anti-suit injunction (ASI) in favour of arbitration does not undermine comity and the risk of forum fragmentation should not be overstated especially in the context of arbitration agreements. This decision also sets out helpful guidance on when an arbitration agreement might be considered to have been superseded by a subsequent dispute resolution agreement: TrueCoin LLC v Techteryx, Ltd [2024] SGHC 296.
This update reviews and sets out key takeaways from the High Court’s decision.
Our Partners Lionel Leo and Eden Li, Senior Associate G Kiran and Associate Jerrick Lim successfully represented the applicant in obtaining the ASI.
If you would like information and/or assistance on the above or any other area of law, you may wish to contact the Partner at WongPartnership whom you normally work with or any of the following Partners:
Lionel LEO
Partner – Restructuring & Insolvency and Special Situations Advisory
d +65 6517 3758
e lionel.leo@wongpartnership.com
Click here to view Lionel’s CV.
Eden LI
Partner – Restructuring & Insolvency and Special Situations Advisory
d +65 6517 3766
e eden.li@wongpartnership.com
Click here to view Eden’s CV.