Melding Oil and Water: SIAC Consults on Draft Insolvency Arbitration Protocol

Introduction

Insolvency and arbitration traditionally do not mix well, as they embody somewhat contrasting legal policies. The Singapore Court of Appeal highlighted in Larsen Oil and Gas Pte Ltd v Petroprod Ltd (in official liquidation in the Cayman Islands and in compulsory liquidation in Singapore) [2011] 3 SLR 414 that:

Filed under:
Singapore, Arbitration & ADR, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Rajah & Tann Asia, Mediation, Insolvency, Singapore International Arbitration Centre, Singapore High Court
Authors:
Kelvin Poon SC , Avinash Vinayak Pradhan , Divyesh Menon , Sim Kwan Kiat , Sheila Ng , Raelene Pereira
Location:
Singapore
Firm:
Rajah & Tann Asia