Court Cooperation Between Singapore, Bermuda
The Supreme Court of Bermuda has entered into two agreements with the Supreme Court of Singapore designed to facilitate cooperation between the two courts.
A statement from the judiciary said, “Cooperation between commercial courts and commercial judges in different jurisdictions is important in various legal fields, in particular the enforcement of foreign judgments and arbitration awards and cross-border insolvency cases.
“In 2016 Bermuda’s Commercial Court joined the Judicial Insolvency Network formed in Singapore linking various courts with which Bermuda has close ties.
“Bermuda’s Commercial Court in 2017 joined the Standing International Forum of Commercial Courts established in London alongside similar courts in the British Isles, Africa, Asia, Australasia and the Caribbean.
“Building on these connections, on September 6 2017, the Supreme Court of Bermuda entered into two agreements with the Supreme Court of Singapore designed to facilitate cooperation between the two courts:
- “a Memorandum of Guidance as to Enforcement of Money Judgments, which confirms that the courts will apply similar common law principles to enforcing money judgments from Singapore in Bermuda and from Bermuda in Singapore;
- “a Memorandum of Understanding on References of Questions of Law, which confirms a willingness of each Court to entertain applications from parties to civil litigation for questions of Singapore law arising in Bermudian proceedings to be referred to Singapore for determination and vice versa as regards questions of Bermuda law arising in Singaporean proceedings.”
