Arbitral Digest

Matter

DRH v DRI (Court of Appeal of Singapore [2026] SGCA 26)

  1. 11 September 2025Singapore

    11 September 2025Singapore

    Judgment in terms in HC/JUD 438/2025 dated 11 September 2025

    General Division of the High Court of Singapore

    Case no.
    HC/JUD 438/2025
    Decision summary
    The High Court entered judgment in terms of an interim order in the emergency arbitration, preserving confidentiality and restraining specified token sales, token conversions, transfers, and interference with the Conversion Bridge.

    Supporting details

    2 participants
    DRH
    DRI
    General Division of the High Court of Singapore

    22 days later · 22 days

  2. 3 October 2025Arbitration

    3 October 2025Arbitration

    Partial Final Award dated 3 October 2025

    Decision summary
    The emergency arbitrator granted DRI's emergency relief application and dismissed DRH's emergency relief application in the dispute concerning conversion and liquidation of the parties' cryptocurrency tokens.

    Supporting details

    3 participants
    DRI
    DRH
    Third Party

    11 days later · 11 days

  3. 14 October 2025Singapore

    14 October 2025Singapore

    Order in HC/ORC 363/2023 dated 14 October 2025

    General Division of the High Court of Singapore

    Case no.
    HC/ORC 363/2023
    Decision summary
    The High Court granted DRI's application to enforce the Partial Final Award.

    Supporting details

    2 participants
    DRI
    DRH
    General Division of the High Court of Singapore

    14 days later · 14 days

  4. 28 October 2025Arbitration

    28 October 2025Arbitration

    Amended Partial Final Award dated 28 October 2025

    Decision summary
    The emergency arbitrator rejected DRH's application to modify or vacate the Partial Final Award.

    Supporting details

    3 participants
    DRI
    DRH
    Third Party

    6 days later · 6 days

  5. 3 November 2025Singapore

    3 November 2025Singapore

    Order in HC/ORC 6626/2025 dated 3 November 2025

    General Division of the High Court of Singapore

    Case no.
    HC/ORC 6626/2025
    Decision summary
    The High Court granted DRI leave to enforce the Amended Partial Final Award.

    Supporting details

    2 participants
    DRI
    DRH
    General Division of the High Court of Singapore

    2 months and 13 days later · 74 days

  6. 16 January 2026Arbitration

    16 January 2026Arbitration

    Second Amended Partial Final Award dated 16 January 2026

    Decision summary
    The emergency arbitrator awarded the costs of the emergency arbitration to DRI.

    Supporting details

    3 participants
    DRI
    DRH
    Third Party

    17 days later · 17 days

  7. 2 February 2026Singapore

    2 February 2026Singapore

    Judge's Order in HC/OA 1271/2025 and HC/SUM 3512/2025 dated 2 February 2026

    General Division of the High Court of Singapore

    Case no.
    HC/OA 1271/2025 and HC/SUM 3512/2025
    Decision summary
    The High Court dismissed DRH's non-disclosure and sealing applications and allowed DRI's application for the matter to be heard in open court, holding that the emergency arbitration could no longer be treated as confidential.

    Supporting details

    2 participants
    DRH
    DRI
    General Division of the High Court of Singapore
  8. 2 February 2026Singapore

    2 February 2026Singapore

    Order in HC/ORC 850/2026 dated 2 February 2026

    General Division of the High Court of Singapore

    Case no.
    HC/ORC 850/2026
    Decision summary
    The High Court granted DRI leave to enforce the Second Amended Partial Final Award in the emergency arbitration.

    Supporting details

    2 participants
    DRI
    DRH
    General Division of the High Court of Singapore

    1 month and 14 days later · 42 days

  9. 16 March 2026Singapore

    16 March 2026Singapore

    Judgment of the Court of Appeal of Singapore in the case Civil Appeal No 5 of 2026 dated 16 March 2026

    Court of Appeal of Singapore

    Case no.
    Civil Appeal No 5 of 2026
    Decision summary
    The Court of Appeal dismissed DRI's application to strike out DRH's notice of appeal, held that permission to appeal was unnecessary because the High Court order was final, granted DRH's application to seal the Court of Appeal file pending determination of the appeal, and ordered DRI to pay DRH costs of $6,500 for the strike-out and permission applications.

    Supporting details

    7 authorities · 5 participants
    DRH
    DRI
    Court of Appeal of Singapore

    Authorities cited

    7
    • Supreme Court of Judicature Act 1969 (2020 Rev Ed)
      statute
    • Avra International DMCC v Dava Pte Ltd [2025] 2 SLR 421
      case
    • Commodities Intelligence Centre Pte Ltd v Hoi Suen Logistics (HK) Ltd [2022] 1 SLR 845
      case
    • Bozson v Altrincham Urban District Council [1903] 1 KB 547
      case
    • Zhu Su v Three Arrows Capital Ltd [2024] 1 SLR 579
      case
    • Purwadi v MBF Northern Securities Sdn Bhd [2025] 2 SLR 485
      case
    • Telecom Credit Inc v Midas United Group Ltd [2019] 1 SLR 131
      case

    9 days later · 9 days

  10. 25 March 2026Singapore

    25 March 2026Singapore

    Order on SUM 471, SUM 487, SUM 488 and SUM 614 dated 25 March 2026

    General Division of the High Court of Singapore

    Case no.
    HC/SUM 471/2026, HC/SUM 487/2026, HC/SUM 488/2026 and HC/SUM 614/2026
    Decision summary
    Pending determination of the appeal, the High Court ordered the files in OA 1131, OA 1238, OA 1271 and OA 132 sealed, restrained DRI from further public statements about the arbitration, and required deletion of DRI's post publishing the Second Amended Partial Final Award and the related Google Drive folder.

    Supporting details

    2 participants
    DRH
    DRI
    General Division of the High Court of Singapore

Matter record

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DRH v DRI (Court of Appeal of Singapore [2026] SGCA 26) · Matter