Updates / Case Updates

An array of commentary, opinion and experience from our experts.

Case Updates

SICC upholds USD730m worldwide freezing order obtained by Novo Nordisk and confirms grant of first reported instance of an anti-anti-suit-injunction restraining Danish proceedings

The Singapore International Commercial Court has upheld a USD730m worldwide freezing injunction in Novo Nordisk A/S v KBP Biosciences Pte Ltd and others [2025] SGHC(I) 22 in support of a ICC claim brought by Danish pharmaceutical group Novo Nordisk over a failed hypertension drug. The Setia Law team comprising Danny Ong, Jason Teo, Lee Jin Loong and Elvis Zhang, acted for the claimant in both the original ex parte application and the successful defence against the set-aside.

12 August 2025

Case Updates

Singapore High Court Affirms Validity of Litigation Funding Outside Insolvency Context

In a landmark decision, the General Division of the High Court in DNQ v DNR [2025] SGHC 152 has upheld the validity of a third-party litigation funding agreement in the context of private enforcement proceeding

08 August 2025

Case Updates

Singapore Court holds that a mistaken belief as to the validity of a court order is no defence to contempt by disobedience under the Administration of Justice (Protection) Act 2016

In the recent decision of Madison Pacific Trust Limited and ors v PT Dewata Wibawa and ors [2024] SGHC 184, the General Division of the High Court has held that an alleged contemnor’s mistake as to the validity of a court order does not come within the defence in s 21 of the AJPA.

02 August 2024

Case Updates

Can there be ‘winners’ in a Ponzi scheme? Singapore High Court examines the use of avoidance provisions in insolvency law to unwind profits paid out to early investors

Conventional wisdom says that by getting in early and getting out quickly, investors in even the most egregious fraudulent scheme can walk away with handsome profits, leaving later investors to bear the losses. In a recent case before the Singapore High Court, that conventional wisdom was put to the test.

11 March 2024

Case Updates

Early dismissal under Rule 29 of the SIAC Rules: when is it a breach of natural justice for an arbitral tribunal to dismiss a party’s case without a full evidentiary hearing?

In DBO and others v DBP and others [2023] SGHC(I) 21, the Singapore International Commercial Court has found that an arbitral tribunal did not breach natural justice in dismissing a party's case summarily pursuant to Rule 29 of the SIAC Rules, without a full-fledged evidentiary hearing.

29 December 2023

Case Updates

Court exercises rarely invoked power to strike out and expunge irrelevant materials from affidavits filed in an opposed application for a judicial management order.

In Re X Diamond Capital Pte Ltd (Metech International Ltd, non-party) [2023] SGHC 201, the Singapore High Court exercised its rarely invoked power under r 21 the Insolvency, Restructuring and Dissolution (Corporate Insolvency and Restructuring) Rules 2020 (CIR Rules) to strike out and expunge irrelevant materials from affidavits filed in an opposed application for a judicial management order.

23 August 2023

Case Updates

Singapore Court Considers Novel Crypto Issues In Three Arrows Case

Jason Teo, Associate Director, was recently appointed as Young Independent Counsel in a creditor’s winding up application brought by Algorand Foundation Ltd against Three Arrows Capital Pte. Ltd., the Singapore-incorporated management company for collapsed cryptocurrency hedge-fund firm Three Arrows Capital.

03 April 2023

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