Case Note: The “Yangtze Harmony” [2026] SGHC 3

Case Note: The “Yangtze Harmony” [2026] SGHC 3

Case Note: The “Yangtze Harmony” [2026] SGHC 3

What Was This Case About? When a shipping dispute arises, a claimant often arrests a vessel to secure any future award. This is an action, taken under admiralty law and is an in rem action. As the contract in this case contained a London arbitration clause, the in rem proceedings were stayed by the arbitration … Read more

Kalen, Alexandru v World Exchange Services Pte Ltd: Valuation of Damages and Mitigation in Cryptocurrency Claims

Kalen, Alexandru v World Exchange Services Pte Ltd: Valuation of Damages and Mitigation in Cryptocurrency Claims

Introduction The decision in Kalen, Alexandru v World Exchange Services Pte Ltd represents the final stage of a representative action brought by 85 claimants (originally 86, with one settling) against World Exchange Services Pte Ltd (“WEX”), a Singapore-incorporated entity operating the now-defunct cryptocurrency trading platform, wex.nz. While liability for breach of both the User Agreement … Read more