Settling disputes – The Weekly Review

The government’s legal and political tussles grabbed headlines this week, with past, present, and future disputes all making the news.

This week’s biggest story came courtesy of spurned Indian infrastructure giant GMR, who revealed a Singapore arbitration court had deemed their terminated airport development deal “valid and binding”.

Being requested to pay US$4 million in procedural costs while the court determines the amount owed to GMR, the government interpreted the outcome as a success, predicting that the damages owed would be far less than the US$1.4 billion sought.