ADR Developments in Singapore: 3rd party funding and mediation enforcement

This January, the Singapore Parliament passed into law the Civil Law Amendment Bill Рallowing third party funding for cases involving international commercial arbitration and the Mediation Act supporting the enforcement of mediated settlements.  Under the Mediation Act, parties may apply for settlements reached through mediation to be enforced as court orders, and may also apply to stay any court proceedings applying to the same dispute. imgres More information can be found here:

 

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