Overview
In two recent Court of Appeal decisions in Singapore, the court was asked to set aside arbitral awards. Taken together, these decisions confirm that the Singapore courts are only willing to set aside an arbitral award in very limited circumstances and thus promote Singapore as an "arbitration-friendly" jurisdiction.
While the courts respect the finality of arbitral decisions, the cases demonstrate that the courts will set aside awards if a statutorily prescribed ground has been established. In this briefing, DLA Piper offers a general overview to the two cases in question and outlines their implications.
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