Lakshanthi Fernando

Aug 7, 2024 | lexology.com | Kushal Gandhi |Rachel Harrison |Lakshanthi Fernando |Wei Ming Tan |Os Agarwal

In both England and Singapore, the purpose of an award for breach of contract is to compensate the injured party. The award is generally meant to place the claimant in the same position as if the contract had been performed. The courts will typically assess damages by reference to the date on which the contract was breached, unless this would result in an injustice.

Aug 24, 2023 | cms.law | Kushal Gandhi |Lakshanthi Fernando |Os Agarwal

24/08/2023Recently, the Singapore High Court in ByBit Fintech Limited v Ho Kai Xin [2023] SGHC 199 (“ByBit”) was presented with this issue and held that Tether, also known as USDT, a fiat backed stablecoin pegged to the US Dollar is property, and more specifically classified... Read more

May 25, 2023 | cms.law | Kushal Gandhi |Lakshanthi Fernando |Wei Ming Tan |Os Agarwal

Pre-award arbitrability: the seat, the governing law and the composite approach25/05/2023In the event a party challenges arbitrability of a dispute, a threshold question arises: should the issue of arbitrability be considered under the law governing the arbitration agreement or the law of the seat of the arbitration? This issue was most recently considered...