Matter
DXX v DXY (Singapore High Court [2026] SGHC 210)
An anonymized SIAC arbitration over SPAC transaction commissions, expense reimbursements and post-termination entitlements, followed by a Singapore High Court challenge to the award.
Procedural record
- 2 April 2026Singapore
2 April 2026Singapore
Final merits award
Singapore International Arbitration Centre
- Decision summary
- The Tribunal awarded DXY SPAC commissions for 13 transactions, made no award on Transaction 14, and dismissed the remaining claims and counterclaims apart from interest and costs. The award was later corrected to reduce the amount awarded to US$1,771,412.82.
Participants
DXX
DXY
Singapore International Arbitration Centre
- Institutional administrator
- Singapore International Arbitration Centre
2 months and 20 days later · 81 days
- 22 June 2026Singapore
22 June 2026Singapore
Memorandum of Correction to the final merits award
Singapore International Arbitration Centre
- Decision summary
- The Memorandum of Correction reduced the amount awarded by the final merits award from US$2,137,924.43 to US$1,771,412.82.
Participants
DXX
DXY
Singapore International Arbitration Centre
- Institutional administrator
- Singapore International Arbitration Centre
- Date not availableSingapore
Date not availableSingapore
Judgment of the General Division of the High Court of the Republic of Singapore in Originating Application No 624 of 2026
General Division of the High Court of the Republic of Singapore
- Citation
- [2026] SGHC 210
- Decision summary
- The court dismissed DXX's application to set aside the arbitration award, rejecting all five grounds alleging excess of jurisdiction, breach of agreed procedure, and breach of natural justice. The award therefore stood in its entirety.
Participants
- Application
- Originating Application No 624 of 2026 — Dismissed; award stands in its entirety
DXX
DXY
General Division of the High Court of the Republic of Singapore
- Judge
- Aidan Xu