Singapore International Commercial Court

The New Destination for Resolving Transnational Commercial Disputes

DATE:

Saturday, December 7, 2024 

VENUE:

Imaginarium AliGunjan, Blue Sky Thinking and Research Campus, Alibaug, Maharashtra, 402208

Google Maps link

INTRODUCTION:

The evolution of international commercial courts is fast reshaping the dispute resolution landscape. Established nearly a decade ago, the Singapore International Commercial Court (“SICC”) offers a neutral forum for resolving cross-border commercial disputes merging the flexibility offered by alternative dispute resolution mechanisms with the powers of a court. Practitioners and parties will benefit from understanding SICC’s working, jurisdiction, international flavour, the enforceability of its judgments and the tools it has introduced such as the SICC Model Clause and the Lit-Med-Lit Protocol.

In fact, last month, the SICC (International Committee) Bill was introduced in the Singaporean Parliament, which proposes the establishment of an International Committee of the SICC. The Committee is intended to serve as a transnational court of appeal for civil matters from foreign jurisdictions. The enactment and implementation of the Bill not only has the potential to strengthen Singapore as a hub for international commercial dispute resolution but also allow other jurisdictions to provide parties access to a transnational court and efficacious dispute resolution at the appeal stage.

In light of such rapid developments and their potential benefits, it is essential to understand more about the SICC, its unique features, and how parties and their counsel can use it advantageously to ensure effective and commercially sound dispute resolution.

KEY TOPICS FOR DISCUSSION:

• Overview of SICC and its jurisdictional remit

• Foreign counsel & international judges

• Procedural flexibility

• Role of international courts alongside arbitration and mediation

• Recovery of costs

• Recent Developments

SPEAKERS:

Justice Philip Jeyaretnam President, Singapore International Commercial Court (SICC) Judge, Singapore High Court

Hon’ble Justice Yashwant Verma Judge of the High Court of Delhi

Justice Gita Mittal Retd. Chief Justice, High Court of Jammu & Kashmir and Ladakh

Justice Gautam Patel Retd. Judge, High Court of Bombay

Jimmy Yim, SC Chairman of Drew & Napier, LLC

Vyapak Desai Head – International Litigation & Dispute Resolution Practice Nishith Desai Associates

Ashish Kabra Head - Singapore Office & Leader, International Litigation & Dispute Resolution Practice Nishith Desai Associates

AGENDA:

Invite Only Basis:

Please register your interest soon, as there are only limited seats available. Registration is free of cost; however, it is subject to confirmation.

For any help or assistance, please email us on concierge@nishithdesai.com.

Our Blue Sky Thinking and Research Campus: