It has been confirmed that the Hague Judgments Convention (“Convention”) will enter into force following the accession of the European Union (excluding Denmark) and the ratification by Ukraine on 29 August 2022. Under the terms of the Convention, the Convention will enter into force on the first day of the month following the expiry of 12 months after two states formally ratify or accede to it. The Convention will therefore take effect for the EU…
In the recent Court of Appeal decision in Bi Xiaoqiong (in her personal capacity and as trustee of the Xiao Qiong Bi Trust and the Alisa Wu Irrevocable Trust) v China Medical Technologies, Inc (in liquidation) and another [2019] SGCA 50, the Court of Appeal dismissed an appeal against the grant of a Mareva injunction in support of foreign court proceedings. Background The second respondent, CMED Technologies (“CMED”) was the wholly owned subsidiary of the…
On October 3, 2019, the Reciprocal Enforcement of Foreign Judgments (Amendment) Act (“Act”) came into force. It consolidates and expands Singapore’s regime for statutory recognition and enforcement of foreign judgments by repealing the Reciprocal Enforcement of Commonwealth Judgments Act and amending the Reciprocal Enforcement of Foreign Judgments Act. The Act enables a broader range of judgments to be enforced in Singapore. Previously, the scope of judgments receiving recognition and enforcement was limited to final money…