ARBITRATION LAWYERS IN SINGAPORE
As global commerce and cross-border transactions continue to grow, the need for efficient and effective dispute-resolution mechanisms has become increasingly crucial. Arbitration has emerged as a preferred method for resolving disputes due to its flexibility, efficiency, and enforceability.
Recognised as a leading hub for arbitration, Singapore offers a robust legal framework, experienced arbitrators, and a supportive business environment that makes it an ideal venue for arbitration proceedings.
At GJC Law, we offer comprehensive arbitration services to help clients achieve efficient and effective resolutions tailored to their needs.
WHAT IS ARBITRATION?
Arbitration is a form of Alternative Dispute Resolution (ADR) where parties agree to resolve their disputes outside of court. It is a private process in which an independent and neutral arbitrator (or a panel of arbitrators) hears the case and makes a binding decision.
In Singapore, arbitration is widely used to resolve commercial and contractual disputes, particularly in international trade, construction, and corporate matters. The process is governed by the Arbitration Act (Cap. 10) for domestic disputes and the International Arbitration Act (Cap. 143A) for international cases. Singapore follows the UNCITRAL Model Law.
Singapore’s arbitration landscape is anchored by institutions such as the Singapore International Arbitration Centre (SIAC) and the Singapore Chamber of Maritime Arbitration (SCMA), making the country a key global arbitration hub.
ADVANTAGES OF ARBITRATION IN SINGAPORE
Greater Control Over Proceedings
Arbitration allows parties to exercise more control over the dispute resolution process. Unlike traditional litigation, arbitration enables parties to select their arbitrators, determine the applicable rules, and set procedural timelines. This flexibility ensures that proceedings are structured to meet each case’s unique requirements.
Efficiency and Timeliness
The arbitration process in Singapore is designed to be expeditious, helping to avoid the prolonged delays often associated with court litigation. With streamlined procedures and the ability for parties to set their schedules, arbitration facilitates quicker hearings and decisions, reducing both time and costs.
Confidentiality
One of the key benefits of arbitration is its private and confidential nature. Arbitration proceedings in Singapore are conducted in a closed setting, ensuring that sensitive business or personal information remains protected. This aspect is particularly valuable for parties who wish to resolve disputes discreetly.
Enforceability of Awards
Arbitral awards in Singapore are internationally recognised and enforceable under the New York Convention, which Singapore is a signatory to. This ensures that arbitration awards can be enforced in over 160 countries, providing a reliable mechanism for resolving cross-border disputes.
OUR ARBITRATION PRACTICE
At GJC Law, our arbitration team is led by Ms. Gloria James and Liesel Chong, who bring extensive experience and expertise to the practice. Both are qualified with the Singapore Institute of Arbitrators (SIArb) and are dedicated to providing clients with strategic and effective dispute resolution services.
Our deep understanding of arbitration procedures and commitment to professionalism ensure that clients receive well-informed guidance throughout the arbitration process.
