A team comprising our Partner Sarjit Singh Gill, SC and Associates Daryl Cheng and Suresh Viswanath, successfully acted for Standard Chartered Bank (Singapore) Limited in defending an appeal brought by a beneficiary claiming payment of around US$30.4 million under a letter of credit. The Court of Appeal in Winson Oil Trading Pte Ltd v Oversea-Chinese […]

A Bill proposing changes to various laws to enhance Singapore’s anti-money laundering and countering the financing of terrorism (“AML/CFT”) regime was read for the first time in the Singapore Parliament on 2 July 2024.

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We would like to congratulate our partners who have been recognised in the recently published Who’s Who Legal 2024 rankings in their respective areas.

Our Partner Claudia Khoo recently appeared on Money Talks with Andrea Heng on CNA podcast discussing bankruptcy and the impact it can have on one’s career and future.

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We are delighted to be a contributing firm to the Singapore chapter of the Practical Law Global subscription by Thomson Reuters. The chapter was authored by our Partner Jevon Louis and Senior Associate Kuek Kai Liang.

The article discusses the transformation potential of artificial intelligence as the technology races ahead. Courts and regulators must address the interplay of patents and AI inventions.  Some key discussions include AI patenting trends, potential types of AI-related inventions, and key issues and best practices for obtaining patent protection for AI-related inventions. Also discussed are AI inventorship, novelty, inventive step, and potential infringement considerations for patents and applications claiming AI-related technology.

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We write to provide an update on the Health Sciences Authority’s (“HSA”) proposed legislative amendments to Regulation 23 (“Reg 23”) of the Health Products (Therapeutic Products) Regulations 2016 (“TPR”).

Our Partner Jevon Louis and Senior Associate Kuek Kai Liang, discuss more in this client update.

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In 2014, the English Court of Appeal in Salford Estates (No 2) Ltd v Altomart Ltd (No 2) [2015] Ch 589 (“Salford Estates”) held that a winding up petition brought based on a disputed debt subject to an arbitration agreement ought to be stayed or dismissed, save in “wholly exceptional circumstances”.

The Singapore Court of Appeal (“SGCA”) largely followed Salford Estates in AnAn Group (Singapore) Pte Ltd v VTB Bank (Public Joint Stock Co) [2020] 1 SLR 1158 (“AnAn v VTB”), and held that the Singapore courts will apply a prima facie standard of review when determining whether to stay or dismiss a winding up petition brought based on a disputed debt subject to an arbitration agreement.

In the recent judgment of the Judicial Committee of the Privy Council in Sian Participation Corp (in liquidation) v Halimeda International Ltd [2020] UKPC 16 (“Sian v Halimeda”), the Privy Council concluded that Salford Estates was wrongly decided. Instead, the Privy Council found that a winding up petition brought based on a disputed debt subject to an arbitration agreement ought to be stayed or dismissed only when the debt is disputed on genuine and substantial grounds.

The decision in Sian v Halimeda calls into question whether the AnAn test is correct, or whether it needs to be replaced with a different test.

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We would like to congratulate our partners who have been recognised in the recently published 16th edition of The Best Lawyers in Singapore™.

We are delighted that Shook Lin & Bok has been ranked across eight practice areas in the recently published Benchmark Litigation Asia-Pacific 2024 rankings.