The Lawyer (UK) is reporting that the Singapore government has approached sets in London to take up residence in their newly purpose built arbitration centre..
The Lawyer writes…
Top London sets circle Singapore
London set 20 Essex Street and members of Essex Court Chambers are in advanced talks to take space in Singapore’s flagship arbitration centre Maxwell Chambers, The Lawyer can reveal.
The purpose-built arbitration centre, which is funded by the Singapore government, is due to open at the beginning of 2010. Its aim is to house hearing facilities as well as international arbitration institutions, including the Singapore International Arbitration Centre.
It is understood that the Singapore government approached the London-based sets with a view to creating an alliance.
Full story at http://www.thelawyer.com/1001123.article
We’s imagine the Bar in HK will be keeping a close eye on these developments. Will Singapore manage to achieve it’s aim of becoming the arbitration centre of the region. We wonder if they are talking to any sets of chambers in Australia ?
