31 October, 2019
In Bi Xiaoqiong v China Medical Technologies, Inc (in liquidation) and another [2019] SGCA 50, the Singapore Court of Appeal confirmed that the Singapore Court may grant freezing (or Mareva) injunctions in support of foreign court proceedings.
However, the Singapore Court must have jurisdiction over the defendant whose assets are targeted, and a substantive claim must still be brought against the defendant in Singapore, even if that claim is stayed in favour of the foreign proceedings.
Please click here for the full artcle (PDF 6 pages).
For further information, please contact:
Melvin Sng , Partner, Linklaters
melvin.sng@linklaters.com
