Q&A on Asian Bus.
This is the place that our Editors will reply to your various questions about doing business in Asia.
Please utilize it as a solution to the issues you have doing your daily business across Asia.
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Where there is a dispute over a contract, what law will the courts apply?
- FAQ: SINGAPORE
- Date: 15.07.2010
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The courts will give effect to the law chosen by the parties in their contracts provided that the choice is bona fide, legal and not contrary to public policy. In the absence of a chosen law, the courts will apply the law that has the closest and most real connection with the transactions.
See Asia Business Guide , [SGP ¶70-013] Choice of applicable law. For more details, see also Asia Business Guide, [SGP ¶20-013] Determination of applicable law