The Singapore Mediation Convention: Will It Enhance Mediation’s Effectiveness?

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The Convention, which entered into force this month, should allow courts in the jurisdiction of enforcement to recognize and enforce settlement agreements directly.

Settling a dispute via mediation is one of the most time- and cost-effective approaches a party can take to resolve contentious issues. Mediation - a confidential amicable negotiation process facilitated by a third-party independent mediator - can be a very useful tool in the right circumstances.

Please see full Alert below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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