Singapore Court of Appeal, in National Oilwell Varco Norway AS v. Keppel FELS Keppel, allowed a non-party, National Oilwell, to enforce an award in favor of a company named in the award, Hydralift, that had since dissolved, enforcement possible under Section 19 of IAA
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Following a 12-year arbitration and two years of enforcement proceedings, the highest court in Singapore has allowed a non-party to enforce an award made in favour of a company that had.
Singapore highest court has ruled that a lower court was wrong not to enforce an arbitral award because the party that was supposed to receive the award had ceased to exist following two mergers in the 2000s, reviving efforts by National Oilwell Varco Norway to enforce a $2.8 million arbitral award against Keppel FELS Ltd.