DKB v DKC

[2025] SGHC(I) 21 Singapore International Commercial Court 4 August 2025 • SIC/OA 10/2024 ( SIC/SUM 46/2024,HC/SUM 1177/2024,SIC/SUM 18/2025,SIC/SUM 51/2024,SIC/SUM 25/2024,SIC/SUM 17/2025 ) • 16 min read
8 cases cited

Catchwords

Practice Areas

Judges (1)

Counsel (8)

Parties (2)

Summary

This SICC judgment addressed costs arising from DKC's ultimately unsuccessful stay of enforcement of a US$315.9 million arbitral award, where DKC obtained the stay but never commenced the required Stockholm arbitration. The court ordered the claimant to pay the defendant's costs of SUM 46 at $25,820, while the defendant was ordered to pay the claimant's costs of SUM 17 and SUM 18 at $70,000 plus disbursements, with no further costs order for the costs proceedings themselves.

Statutes Cited

Cases Cited (8)

SLR (6)
[1994] 2 SLR(R) 501 [2009] 4 SLR(R) 732 [2011] 1 SLR 582 [2012] 1 SLR 1076 [2024] 1 SLR 1 [2025] 3 SLR 114

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2025] SGHC(I) 21)