A New Dawn For Enforcement Of Foreign Judgments In Singapore

Obtaining a judgment is not the end in litigation. Enforcement is another hurdle that parties will have to cross, and this may be especially difficult when a judgment debtor does not have assets within the jurisdiction. If your judgment debtor has assets in Singapore, you may wish to have your judgment enforced in Singapore. Here we discuss the first ever application under the Singapore Choice of Court Agreement Act and explain how to ensure you can enforce your judgment in Singapore.

The 1958 Convention on the Recognition and Enforcement of Foreign Arbitral Awards (more commonly known as the New York Convention) was a landmark agreement which, upon ratification by member states (currently 159 state parties), obligated the state parties to recognise and enforce arbitration awards made in other contracting states. The benefit of a readily enforceable award is axiomatic and contributed widely towards the growth and popularity of international arbitration.