Crédit Agricole Corporate & Investment Bank Singapore Branch v PPT Energy Trading Co. Ltd.
Key facts
| Court | Court of Appeal (International) |
|---|---|
| Decided | |
| Judges | Bernard Rix, Jonathan Hugh Mance, Judith Prakash |
| Charges / claim | Civil Procedure |
| Counsel | PK Wong & Nair LLC, Wee Swee Teow LLP, Alex Chia Yao Wei, Giam Chin Toon, Lee Wei Yuen Arvin (Li Weiyun), Nair Suresh Sukumaran, Tan Tse Hsien, Bryan (Chen Shixian), Wan Hui Ting Monique (Wen Huiting) |
Source: [2024] SGCA(I) 3, Court of Appeal (International), decided — eLitigation. Updated .
Catchwords
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Counsel (8)
Case Significance
Crédit Agricole Corporate & Investment Bank, Singapore Branch v PPT Energy Trading Co Ltd and another appeal [2024] SGCA(I) 3 was a reserved judgment of the Court of Appeal of the Republic of Singapore delivered on 7 June 2024, in Civil Appeal Nos 2 and 3 of 2022, following a hearing on 4 December 2023. The coram comprised Judith Prakash SJ, Jonathan Hugh Mance IJ and Bernard Rix IJ. The appeals arose out of two cases heard by the Singapore International Commercial Court, SIC/S 1/2021 and SIC/S 2/2021. Crédit Agricole Corporate & Investment Bank, Singapore Branch (CACIB) was the plaintiff in SIC 1 and the defendant in SIC 2, while PPT Energy Trading Co Ltd (PPT) was the defendant in SIC 1 and the plaintiff in SIC 2. The SICC Judge had dismissed CACIB's claim in SIC 1 and allowed PPT's claim in SIC 2, and CACIB filed the appeals. This was the third judgment issued in respect of the appeals, the first having been the court's decision on liability issues. The catchwords addressed civil procedure relating to costs and to damages and interest. CACIB was represented by PK Wong & Nair LLC and PPT by Wee Swee Teow LLP.
[2024] SGCA(I) 3 explained
Crédit Agricole Corporate & Investment Bank Singapore Branch v PPT Energy Trading Co. Ltd. ([2024] SGCA(I) 3) is a Singapore judgment decided by the Court of Appeal (International) on 7 June 2024. It is categorised under Civil Procedure. It is a recent decision; within this corpus no later judgment has cited it yet. This page summarises what the reported decision covers and links the primary sources — the full judgment, the statutes it cites, and the other cases it engages with — so the decision can be read in context. It is reference information, not legal advice, and it does not state the outcome or any holding beyond what the official judgment records.
What is [2024] SGCA(I) 3 about?
Crédit Agricole Corporate & Investment Bank Singapore Branch v PPT Energy Trading Co. Ltd. ([2024] SGCA(I) 3) is a Court of Appeal (International) decision from 2024. Its published catchwords are “Civil Procedure — Costs” and “Civil Procedure — Damages — Interest”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.
What was Crédit Agricole v PPT Energy Trading [2024] SGCA(I) 3 about?
It was the Court of Appeal's third judgment in Civil Appeals Nos 2 and 3 of 2022, arising from SICC cases SIC/S 1/2021 and SIC/S 2/2021 between Crédit Agricole and PPT Energy Trading. This judgment addressed costs and damages and interest, and was delivered on 7 June 2024.
Which judges decided [2024] SGCA(I) 3?
The Court of Appeal coram in Crédit Agricole Corporate & Investment Bank, Singapore Branch v PPT Energy Trading Co Ltd comprised Judith Prakash SJ, Jonathan Hugh Mance IJ and Bernard Rix IJ. The reserved judgment was delivered on 7 June 2024 after a hearing on 4 December 2023.
Cases Cited (8)
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Other Singapore judgments involving the same parties or counsel.
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Judgment
Read the full judgment on the official Singapore Courts portal.
Read on eLitigationSource: eLitigation ([2024] SGCA(I) 3)