At the launch of the Bahrain International Commercial Court (BICC), Chief Justice of Singapore Sundaresh Menon on Wednesday said that the rise of cross-border commerce has created a strong need for dispute resolution systems that deliver neutral justice. Justice Menon said that global commercial actors are now “increasingly willing to travel in search of neutral and trusted dispute resolution mechanisms that can deliver fair processes and sensible outcomes.” He emphasised that modern parties often choose governing laws with no territorial connection to them, simply because these offer predictability and certainty. “What these trends show is that commercial parties increasingly demand neutral justice that fairly serves their needs,” he said. The BICC was launched o
Commercial Parties Willing to Travel for Neutral Justice: Singapore Chief Justice Sundaresh Menon at Launch of BICC
Moneylife11/07
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