In Greggs v Zurich Insurance [2022] EWHC 2545 (Comm), the English Commercial Court was tasked to determine whether there was one instance (or multiple instances) of business interruption loss following the various governmental responses to control the spread of the epidemic.
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Finality and Enforceability of Arbitral Awards in Singapore – Singapore Courts Continue to Uphold Policy of Minimal Curial Intervention for Arbitral Awards
In this briefing note, we touch on two recent judgments – CJA v CIZ [2022] SGCA 41 and CEF v CEH [2022] SGCA 54 – which confirmed the policy of minimal curial intervention.
LIV AND LET LIV – PROFESSIONAL GOLFERS AND INSURANCE LAWYERS – ARE THEY REALLY THAT DIFFERENT?
There has long been a connection between the golf and legal professions. One of the most celebrated is that of Bobby Jones. In 1930, at the age of 28, Jones won the grand slam of golf: the British Amateur, the Open, the U.S. Amateur and the U.S. Open all in the same year.
Navigating the Waters of Commodities Trading – Takeaways from Credit Agricole Corporate & Investment Bank, Singapore Branch v PPT Energy Trading [2022] SGHC(I) 1
During the pandemic, some commodities traders went into financial difficulties, which then affected other commodities traders along the chain of trading. This led to questions with respect to whether or not such trades were bona fide and the legal effects of such trades.
Web 3.0 in Dispute Resolution Proceedings -What to Expect from Service of Court Processes by NFT?
Many would have thought that litigation would be shielded from all advances of Web 3.0. Yet, that is not to be the case, as two recent court judgments in New York and England and Wales approved of the service of court processes by non-fungible tokens (“NFT” or “NFTs”).
Section 13A, UK Insurance Act 2015 – Insurers’ Obligations as to the Timely Payment of Claims
Since the introduction of S.13A, insureds and insurers have been left wondering what constitutes “a reasonable time”. Recently, in the case of Quadra Commodities SA v XL Insurance Company SE & Ors [2022] EWHC 431 (Comm) (“Quadra”) the English Commercial Court delivered a judgment to address this issue.
Settlement of Commercial Disputes – Why and How to Settle Commercial Disputes Successfully?
Settlement. A word often on the minds of clients concerned with managing the cost of dispute resolution proceedings, the commercial relationship between the parties and the uncertainty of a court’s or tribunal’s decision. Yet, it is not often on the top of the minds of legal advisers.
Establishing ‘Loss’ and ‘Damage’ When Pursuing a Claim under a Construction All-Risks Insurance Policy
We have observed a noticeable interest amongst contractors in pursuing claims under their CAR insurance policies. Contractors often need guidance on whether ‘loss’ or ‘damage’ has occurred (triggering the indemnity) and policy coverage (the amount of the indemnity) for the cost of repairing or replacing such ‘loss’ or ‘damage’.
Virtual Hearings in International Arbitration Proceedings – What is the Future of Virtual Hearings as COVID-19 Becomes Endemic?
Since the beginning of 2022, governments around the world have announced the easing of travel restrictions for international travellers. As these restrictions are lifted and parties, witnesses and counsel can travel freely, will virtual hearings become a thing of the past?
Singapore’s financial regulator (the MAS) spells out the details of Russia sanctions – some key take aways
In this article, we cover some of the key take aways from the MAS Notice including, who is affected and what sort of activity is now prohibited.
