Singapore Court of Appeal ruling opens door for Hong Kong decision on arbitration/winding-up priority

A recent Singapore Court of Appeal decision has again highlighted the different approaches taken by courts when dealing with winding-up proceedings concerning a disputed debt where an arbitration clause covers the debt in question.

In AnAn Group (Singapore) Pte Ltd v. VTB Bank (Public Joint Stock Company) [2020] SGCA 33 (AnAn), the Singapore Court of Appeal confirmed that in respect of a winding up application grounded on a debt which is subject to arbitration, the court should generally stay or dismiss a winding up application where there is a dispute in relation to the debt.

Read More: Singapore Court of Appeal ruling opens door for Hong Kong decision on arbitration/winding-up priority


Back To Listing
Loading data