Hague CAA signs MoU with Singapore International Mediation Centre

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The Hague Court of Arbitration for Aviation and the Singapore International Mediation Centre (SIMC) have signed a memorandum of understanding to cover Asian aviation disputes. 

“An efficient method for dispute resolution between industry players is key to help the industry back to growth and success.  The Hague CAA was formed to offer specialised arbitration and mediation services fine-tuned to the distinctive dynamics and needs of the sector,” said Paul Ng, Co-Chair of The Hague CAA’s Mediation Standing Committee and head of aviation at law firm Rajah & Tann. “We are especially delighted to partner with SIMC, the leading Singapore institution specialising in cross-border dispute resolution, our natural choice as a key partner when it comes to mediation for our sector in Asia.”

The signing took place before 120 guests at the Singapore Pavilion at the Singapore Airshow.

“We are delighted to partner with The Hague CAA which specialises in addressing disputes within the aviation sector and is committed to advancing the use of mediation within it,” said Chuan Wee Meng, SIMC’s CEO. “Mediation is a fast, flexible and cost-effective mode of alternative dispute resolution that can be used before and during litigation or arbitration to complement one’s dispute resolution strategy. Ninety per cent mediations administered by SIMC take only one day and enjoy a settlement rate of over 70%.”

Hague CAA and SIMC also agreed to promote the incorporation of suitable model dispute resolution clauses in Asia’s aviation industry and collaborate on joint events and training opportunities.  

 

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