DFI v DFJ: Application to Set Aside Arbitral Award Dismissed; Costs Awarded to DFJ
In the Singapore International Commercial Court, Sir Vivian Ramsey IJ dismissed DFI's application to set aside an arbitral award in an arbitration with DFJ. The court ordered DFI to pay DFJ's costs of $131,516.36, finding the costs claimed by DFJ to be reasonable despite DFI's argument that the costs should be limited to the initial estimate of $40,000. The claim was to set aside the arbitral award.
1. Case Overview
1.1 Court
SINGAPORE INTERNATIONAL COMMERCIAL COURTOF THE REPUBLIC OF SINGAPORE1.2 Outcome
Claimant to pay the defendant the costs of these proceedings.
1.3 Case Type
Civil
1.4 Judgment Type
Judgment
1.5 Jurisdiction
Singapore
1.6 Description
The Singapore International Commercial Court dismissed DFI's application to set aside an arbitral award and ordered DFI to pay DFJ's costs. The court found the costs claimed by DFJ to be reasonable.
1.7 Decision Date
2. Parties and Outcomes
3. Judges
Judge Name | Title | Delivered Judgment |
---|---|---|
Sir Vivian Ramsey | International Judge | Yes |
4. Counsels
4. Facts
- The claimant applied to set aside an arbitral award.
- The defendant sought costs of $120,848.86 plus $10,667.50 for the cost submissions.
- The claimant submitted that the defendant’s costs should be limited to $40,000, the amount in the defendant’s cost estimate.
- The court dismissed the claimant's application.
- The claimant did not provide details of its own costs.
- The defendant's costs schedule was not criticised by the claimant.
- The claimant challenged the award based on the tribunal's alleged failure to consider evidence.
5. Formal Citations
6. Timeline
Date | Event |
---|---|
Judgment issued dismissing the claimant’s application to set aside the arbitral award | |
Parties filed their costs submissions | |
Defendant filed its written reply submissions | |
Case management bundle filed |
7. Legal Issues
- Reasonableness of Costs
- Outcome: The court found the defendant's claimed costs to be reasonable and ordered the claimant to pay the full amount.
- Category: Procedural
- Related Cases:
- [2023] 4 SLR 77
- [2023] 5 SLR 264
- [2023] 1 SLR 96
8. Remedies Sought
- Setting aside of arbitral award
- Costs
9. Cause of Actions
- No cause of actions
10. Practice Areas
- Commercial Litigation
- Arbitration
11. Industries
- No industries specified
12. Cited Cases
Case Name | Court | Affirmed | Citation | Jurisdiction | Significance |
---|---|---|---|---|---|
Lao Holdings NV v Government of the Lao People’s Democratic Republic and another matter | Singapore International Commercial Court | Yes | [2023] 4 SLR 77 | Singapore | Cited for guidance on the issue of whether costs are reasonable. |
CNA v CNB and another and other matters | Singapore International Commercial Court | Yes | [2023] 5 SLR 264 | Singapore | Cited to support the submission that the starting point in assessing costs in the SICC must be the costs actually incurred by the successful party rather than the cost estimate set out in the case management bundle. |
Senda International Capital Ltd v Kiri Industries Ltd | Court of Appeal | Yes | [2023] 1 SLR 96 | Singapore | Cited regarding the best evidence that the unsuccessful party can adduce to discharge its evidential burden will often be information as to the costs that it had correspondingly incurred for the matter. |
13. Applicable Rules
Rule Name |
---|
O 22 r 3 of the Singapore International Commercial Court Rules 2021 |
14. Applicable Statutes
Statute Name | Jurisdiction |
---|---|
No applicable statutes |
15. Key Terms and Keywords
15.1 Key Terms
- Arbitral award
- Costs
- Cost estimate
- Reasonableness
- Case management bundle
- Natural justice
15.2 Keywords
- Arbitration
- Costs
- Singapore International Commercial Court
- Setting aside arbitral award
17. Areas of Law
Area Name | Relevance Score |
---|---|
Costs | 95 |
Setting Aside Arbitral Award | 80 |
Civil Procedure | 75 |
Arbitration | 60 |
16. Subjects
- Arbitration
- Civil Procedure
- Costs