Twitter Logo Youtube Circle Icon LinkedIn Icon

Publishing firms

Legal Developments worldwide

RECENT CASE UPDATE: VALIDITY OF AGREEMENT TO "NEGOTIATE IN GOOD FAITH"

December 2012 - Litigation & Dispute Resolution. Legal Developments by Loo & Partners.

More articles by this firm.

In HSBC Institutional Trust Services (Singapore) Ltd (trustee of Starhill Global Real Estate Investment Trust) ("Landlord") v Toshin Development Singapore Pte Ltd ("Tenant") [2012] SGCA 48, the Singapore Court of Appeal upheld a contractual clause which requires the parties "to negotiate in good faith". In its judgment, the Court of Appeal also elaborated on the scope of "good faith" obligation during negotiation.

Read more...