The Business Times

Disputes

Companies & Markets

Stamford Land sues UOB over allocation of excess rights shares in its 2021 issue

The SGX mainboard-listed property player is claiming losses and damages of S$1.88 million

Singapore has laid the groundwork for data and AI safety, but we must now deepen these standards.
Opinion & Features

Small is beautiful: A precision playbook for Singapore’s next lap

How resilience, information hygiene and dispute resolution can turn into the city-state’s next competitive edge

As the arbitration proceedings are at a preliminary stage, Seatrium says it is “unable to definitively ascertain the financial impact” from the proceedings.
Companies & Markets

Seatrium seeks US$55.7 million from unit of Brazil’s Petrobras over ongoing dispute, starts arbitration

Its subsidiary Jurong Shipyard faces a US$79.6 million payment demand from the Brazilian state-run oil firm

Kosma Holdings, owner of both the service road and the mall’s car park, imposed a S$1,000 penalty for each unauthorised entry and charged between S$20 and S$100 for loading bay access.
Singapore

High Court strikes down S$6,000 fee charged to Parklane mall for unauthorised service road use

Garbage trucks and other vehicles have no choice but to use the service road as it is the only access route to the loading bay

Singapore's commitment to environmental transparency is shifting from voluntary disclosures to mandatory reporting, making its approach “among the most advanced in Asia-Pacific and aligned with global standards”, said Baker McKenzie.
International

Most Apac firms fear cross-border litigation in 2026, but only half have funds to manage disputes: Baker McKenzie survey

Limited resources reduce flexibility and increase risk of delayed or reactive decision-making, law firm notes

Hourly motorcycle rental company MeGoRide must suspend its business until the legal dispute with GoTakeBike is settled, according to a court order.
Singapore

Singapore motorcycle rental company GoTakeBike to sue competitor MeGoRide, ex-founder

The company will seek damages against ex-founder Matthew Soh for breach of confidence; competing firm MeGoRide must suspend operations

The judge says that the reservation fee as per the deal between Swiss firm GE Vernova and Anlima Meghnaghat Power Plant was “expressly agreed by GE and Anlima to be non-refundable and it was not provisional in nature”.
Singapore

Singapore court blocks ‘fraudulent’ US$2 million bank guarantee call in cross-border power dispute

Call on the guarantee by Bangladeshi power company is ‘opportunistic and unfair’, notes judge

Creditors allege that the Autobahn group has refused to divulge the whereabouts of cars that are meant to be repossessed.
Singapore

Court imposes freezing order on Autobahn group companies, directors amid allegations of fraud and bad faith

Car distributors contend that forged documents were used to double finance car loans; almost 300 cars meant for repossession cannot be located

Myer sought a declaration that it was entitled to terminate the lease, which is scheduled to run until June 2032.
Companies & Markets

Starhill Global Reit wins arbitration proceedings over Adelaide mall lease

Department store chain Myer had alleged that the mall was ‘substantially empty of suitably presented retail stores’

The company’s human tissue banking service licence has also been renewed for two years.
Companies & Markets

Cordlife secures one-year renewal for its cord-blood banking service licence

Its scope is limited to storing, transferring or retrieving existing cord-blood units for clinical use

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