TERRAFORM LABS PTE. LTD.

[2025] SGHC(I) 18 Singapore International Commercial Court 11 July 2025 • SIC/OA 5/2024 ( SIC/SUM 26/2025 ) • 23 min read
4 cases cited

Catchwords

Civil Procedure — Costs

Practice Areas

Civil Procedure

Judges (1)

James Michael Peck Delivered

Counsel (21)

Allen & Gledhill LLP Firm Drew & Napier LLC Firm Kirkland & Ellis LLP Firm Oon & Bazul LLP Firm PDLegal LLC Firm WongPartnership LLP Firm Akhil Gola Counsel Third Party Casey McGushin Counsel Third Party Chua Ze Xuan Counsel Third Party Daniel Loh Counsel Third Party Elizabeth Jones Counsel Third Party Felicia Soong Counsel Applicant Fong Shi-Ting, Fay Counsel Third Party Gerard Quek Counsel Third Party Germaine Teo Counsel Third Party Kajal Bhatia Counsel Applicant Mahesh Rai Counsel Third Party Michael Williams Counsel Third Party Paul Loy Counsel Applicant Rajan Menon Smitha Counsel Applicant Tan Chee Meng Counsel Applicant

Parties (26)

Black Pip Ltd Third Party Terraform Labs Pte Ltd Applicant Adam Dulberger Third Party Angelo Rondello Third Party Aurelien Chevrier Third Party Benjamin Thompson Third Party Black Mandrill Third Party Bryan Droznes Third Party Christopher Mege Third Party Damien Querbes Third Party Damien Riviere Third Party Enrico Michele Fratta Third Party Frederic Blanc Third Party Gabriel Nul Third Party Gauthier Benat Third Party Jordan Suchet Third Party Kashyap Patel Third Party Kyle Novak Third Party Nicolas Dequiedt Third Party Numa Collinet Third Party Raminder Singh Balbir Hora Third Party Remo Gentile Third Party Thomas Birnstiel Third Party Thomas Blanc Third Party Tristan Le Gac Third Party Yacine Najari Third Party

Case Significance

[2025] SGHC(I) 18 is a Singapore International Commercial Court decision dated 11 July 2025 concerning Civil Procedure, specifically addressing costs. The judgment was delivered by James Michael Peck. Legal representation was provided by WongPartnership LLP. The judgment cites 4 cases and references 2 statutory provisions, including the Insolvency and the Restructuring and Dissolution Act.

Summary

Terraform Labs applied to strike out an application by 25 non-parties seeking to join pending litigation against it, on the basis that their claims were barred by a moratorium under a confirmed Chapter 11 plan of reorganisation recognised in Singapore. The SICC struck out and dismissed the non-parties' joinder application, finding it was commenced in breach of the plan recognition order, and ordered costs of S$74,200 to be paid jointly and severally by the non-parties.

What was decided in [2025] SGHC(I) 18?

[2025] SGHC(I) 18 (TERRAFORM LABS PTE. LTD.) is a Singapore International Commercial Court decision from 11 July 2025 addressing Civil Procedure, specifically costs. The judgment was delivered by James Michael Peck.

Which judge decided [2025] SGHC(I) 18?

[2025] SGHC(I) 18 was delivered by James Michael Peck in the Singapore International Commercial Court on 11 July 2025. The case concerned Civil Procedure.

What cases and statutes does [2025] SGHC(I) 18 cite?

[2025] SGHC(I) 18 cites 4 prior decisions. It references Insolvency, Restructuring and Dissolution Act.

Statutes Cited

Insolvency, Restructuring and Dissolution Act
Restructuring and Dissolution Act

Cases Cited (4)

SG (1)
[2025] SGHC(I) 17
SLR (3)
[2011] 1 SLR 582 [2023] 1 SLR 96 [2025] 3 SLR 1516

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2025] SGHC(I) 18)