GAR (Global Arbitration Review) is the world's leading international arbitration journal and news service. GAR provides breaking news, daily updates and in-depth monthly features covering international arbitration in countries around the world. GAR also features guest commentary and articles from the world's leading international arbitration practitioners.
The latest case of PhoenixFin Pte Ltd. and others v. Convexity Ltd. is the culmination of a series of Court of Appeal of Singapore cases setting out the significance of pleadings in.
The latest case of PhoenixFin Pte Ltd. and others v. Convexity Ltd. is the culmination of a series of Court of Appeal of Singapore cases setting out the significance of pleadings in arbitration. The court held that pleadings in arbitration are important especially when an issue is of mixed fact and law and can be the basis for a finding of breach of natural justice warranting the setting aside of the arbitral award. This is notwithstanding the common belief that there is an amount of flexibility in the approach to pleadings in arbitration such that pleadings may take the back seat in arbitration proceedings.
The Ontario Securities Commission logo is shown in a handout. THE CANADIAN PRESS/HO June 09, 2021 - 5:44 AM
TORONTO - The Ontario Securities Commission is taking action against two foreign cryptocurrency companies after a deadline to enter discussions about bringing their platforms into compliance with provincial laws came and went.
The regulator says it is going after Mek Global Limited, a Seychelles-based company identified as KuCoin in the company s terms of service, and PhoenixFin Pte Ltd., a Singapore-based business which owns kucoin.com.
The OSC is pursuing the companies after it ordered crypto asset businesses to contact the regulator by April 19 to assess how their operations can meet Ontario securities standards.