The most comprehensive set of redacted arbitral awards decided in Singapore, highlighting the arbitral awards from the SIAC.
Over the years, Singapore has risen as a major centre for arbitration in the region. With a strong tradition of the rule of law, and as a party to the 1958 New York Convention, arbitration awards from Singapore are enforceable in over 140 countries. Established in 1991, the Singapore International Arbitration Centre (SIAC) was set up to meet the needs of the international business community for a neutral and reliable dispute resolution institution in a rapidly developing Asia.
LexisNexis now brings to you the most comprehensive set of redacted arbitral awards decided in Singapore. In collaboration with the SIAC, LexisNexis has initiated this new series of publications highlighting the arbitral awards from the SIAC. Arbitration administered by the SIAC is on the increase, and the Singapore Arbitral Awards is the perfect way of keeping up to date with these arbitration proceedings.
The first volume contains adjudication determinations decided by tribunals under the SIAC Rules together with a subject index for easy reference and research. At least one volume of the Singapore Arbitral Awards (containing the current year’s awards and a selection of awards from previous years) will be published each year.
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Snippet from an award in Volume 1:
90. The Claimant has invited me to award costs on an indemnity basis. It relies on an offer in writing made to the Respondents on 18 November 2011, and separately, on the distinct issue of jurisdiction given the belated raising of that issue at the hearing.
93. The Respondents say that these principles are ‘wholly inapplicable’ to an international arbitration seated in Singapore under the SIAC Rules. It is hard to accept this as the principles are generic and concern the encouragement of the efficient conduct of proceedings designed to resolve or conclude disputes between parties.
Q) How often will the Singapore Arbitral Awards be published?
A) At least one volume of the Singapore Arbitral Awards (containing the current year’s awards and a selection of awards from previous years) will be published each year.