MARKETLEND PTY LTD v QBE INSURANCE (SINGAPORE) PTE. LTD.

[2025] SGHC(I) 8 Singapore International Commercial Court 11 March 2025 • SIC/OA 16/2023 • 24 min read
8 cases cited Cited by 1 case

Catchwords

Civil Procedure — Costs

Practice Areas

Civil Procedure

Judges (1)

Sir Henry Bernard Eder Delivered

Counsel (8)

Blackstone & Gold LLC Firm Cavenagh Law LLP Firm Alisa Toh Qian Wen (Dai Qianwen) Counsel Claimant Baldev Singh Bhinder Counsel Defendant Choo Ian Ming Counsel Claimant Ramandeep Kaur Counsel Defendant Sandosham Paul Rabindranath Counsel Claimant Vedam Rakesh Counsel Defendant

Parties (3)

Australian Executor Trustees Limited Claimant Marketlend Pty Ltd Claimant QBE Insurance (Singapore) Pte Ltd Defendant

Case Significance

[2025] SGHC(I) 8 is a Singapore International Commercial Court decision dated 11 March 2025 concerning Civil Procedure, specifically addressing costs. The judgment was delivered by Sir Henry Bernard Eder. The case was brought by Australian Executor Trustees Limited and others (claimant) against QBE Insurance (Singapore) Pte Ltd (defendant). Legal representation was provided by Cavenagh Law LLP and Blackstone & Gold LLC. The judgment cites 8 cases. This decision has been cited by 1 subsequent judgment in the dataset.

Summary

Following the dismissal of Marketlend's US$9 million trade credit insurance claim against QBE Insurance after trial, the SICC assessed costs. The court awarded QBE total recoverable costs of S$1,476,831.90 (approximately 15% of the claim amount), comprising S$100,000 for the pre-transfer period and S$1,366,831.90 for the post-transfer period including professional costs and disbursements, significantly reducing QBE's claimed amount of S$2.6 million.

What was decided in [2025] SGHC(I) 8?

[2025] SGHC(I) 8 (MARKETLEND PTY LTD v QBE INSURANCE (SINGAPORE) PTE. LTD.) is a Singapore International Commercial Court decision from 11 March 2025 addressing Civil Procedure, specifically costs. The judgment was delivered by Sir Henry Bernard Eder.

Who were the parties in MARKETLEND PTY LTD v QBE INSURANCE (SINGAPORE) PTE. LTD.?

The claimant in [2025] SGHC(I) 8 was Australian Executor Trustees Limited, Marketlend Pty Ltd, and the defendant was QBE Insurance (Singapore) Pte Ltd. Legal representation included Blackstone & Gold LLC and Cavenagh Law LLP. The case was decided on 11 March 2025 in the Singapore International Commercial Court.

Which judge decided [2025] SGHC(I) 8?

[2025] SGHC(I) 8 was delivered by Sir Henry Bernard Eder in the Singapore International Commercial Court on 11 March 2025. The case concerned Civil Procedure.

What cases and statutes does [2025] SGHC(I) 8 cite?

[2025] SGHC(I) 8 cites 8 prior decisions. The decision has itself been cited by 1 subsequent judgment.

Cases Cited (8)

SG (4)
[2022] SGCA(I) 10 [2024] SGHC(I) 14 [2024] SGHC(I) 5 [2025] SGHC(I) 1
SLR (4)
[2019] 1 SLR 214 [2022] 1 SLR 88 [2023] 1 SLR 96 [2024] 3 SLR 78

Cited By (1)

[2025] SGHC(I) 23
EBIXCASH LIMITED & 3 Ors v ASHOK KUMAR GOEL & Anor

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2025] SGHC(I) 8)