Arbitral Digest

Matter

The Roe Corp and others v Berhero Pty Ltd (trading as Acuity Funding) (Singapore High Court HC/RA 117/2026; [2026] SGHC 201)

SIAC arbitration over a US$11.2m fund arrangement fee led to Singapore proceedings challenging the award and an appeal on production of criminal complaints.

  • International commercial arbitration
  • Cross-border litigation
  • Setting aside arbitral awards
  • UNCITRAL Model Law
Industry type
Financial and insurance activities
Applicable rules
SIAC Rules

Procedural record

  1. 22 October 2025Arbitration

    22 October 2025Arbitration

    Final Award dated 22 October 2025

    Singapore International Arbitration Centre

    Decision summary
    The Tribunal ordered The Roe Corporation, 267 Partners, LLC and Buhm Jung Roe to pay Berhero Pty Limited (trading as Acuity Funding) a US$11.2m Fund Arrangement Fee, late payment interest, legal costs and expenses, arbitration costs, and 5.33% simple interest per annum on the sums until payment in full.

    Participants

    The Roe Corporation
    267 Partners, LLC
    Buhm Jung Roe
    Berhero Pty Limited (trading as Acuity Funding)
    Singapore International Arbitration Centre
    Arbitrator
    Stuart Isaacs KC
    Institutional administrator
    Singapore International Arbitration Centre

    8 months and 14 days later · 257 days

  2. 6 July 2026Singapore

    6 July 2026Singapore

    Judgment of the General Division of the High Court of Singapore in HC/RA 117/2026 dated 6 July 2026

    General Division of the High Court of Singapore

    Case no.
    HC/RA 117/2026
    Citation
    [2026] SGHC 201
    Decision summary
    The court dismissed the appeal against the Assistant Registrar's refusal to order production of criminal complaints. It held that the complaints were not in Acuity's possession or control and that production would not be ordered even if they were.

    Participants

    Application
    HC/OA 96/2026 — Application to set aside the Final Award; appeal proceedings described in the judgment
    Application
    HC/SUM 1086/2026 — Application for production of criminal complaints dismissed by the Assistant Registrar
    Application
    HC/RA 117/2026 — Appeal dismissed
    The Roe Corporation
    267 Partners, LLC
    Buhm Jung Roe
    Berhero Pty Limited (trading as Acuity Funding)
    General Division of the High Court of Singapore
    Judge
    Chua Lee Ming J

    Authorities cited

    21
    • Rules of Court 2021 (Singapore)
      statute
    • International Arbitration Act 1994 (Singapore) (International Arbitration Act 1994 (2020 Rev Ed))
      statute
    • UNCITRAL Model Law on International Commercial Arbitration (1985)
      treaty
    • Rules of Supreme Court (Revision) 1965 (United Kingdom) (Rules of Supreme Court (Revision) 1965 (SI 1965 No. 1776) (UK))
      statute
    • Civil Procedure Rules 1998 (United Kingdom) (Civil Procedure Rules 1998 (SI 1998 No. 3132) (UK))
      statute
    • Interactive Digital Finance Ltd v Credit Suisse AG ([2023] 5 SLR 1735)
      case-law
    • Rafidain Bank v Agom Universal Sugar Trading Co Ltd ([1987] 1 WLR 1606)
      case-law
    • SK Shipping Co Ltd v IOF Pte Ltd ([2012] SGHCR 14)
      case-law
    • eSave AG v eSave APAC Pte Ltd ([2026] SGHCR 17)
      case-law
    • Various Airfinance Leasing Companies v Saudi Arabian Airlines Corpn ([2022] 1 WLR 1027)
      case-law
    • Natixis, Singapore Branch v Lim Oon Kuin ([2024] 3 SLR 1502)
      case-law
    • Hai Jiao 1306 Ltd v Yaw Chee Siew ([2020] 3 SLR 142)
      case-law
    • Alliance Management SA v Pendleton Lane P ([2008] 4 SLR(R) 1)
      case-law
    • Wuhu Ruyi Xinbo Investment Partnership (Ltd Partnership) v Shandong Ruyi Technology Group Co, Ltd ([2025] 4 SLR 1262)
      case-law
    • Dirak Asia Pte Ltd v Chew Hua Kok ([2013] SGHCR 1)
      case-law
    • Ardila Investments NV v ENRC NV ([2015] EWHC 3761 (Comm))
      case-law
    • Loreley Financing (Jersey) No. 30 Limited v Credit Suisse Securities (Europe) Ltd ([2023] EWHC 548 (Comm))
      case-law
    • Phones 4U v EE Ltd ([2021] 1 WLR 3270)
      case-law
    • Berkeley Square Holdings Ltd v Lancer Property Asset Management Ltd ([2021] EWHC 849 (Ch))
      case-law
    • Principles of Civil Procedure (Jeffrey Pinsler, Principles of Civil Procedure (Academy Publishing, 2013))
      academic
    • Response to Feedback from Public Consultation on the Civil Justice Reforms (Ministry of Law & New Rules of Court Implementation Team, 11 June 2021)
      government-publication

Matter record

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The Roe Corp and others v Berhero Pty Ltd (trading as Acuity Funding) (Singapore High Court HC/RA 117/2026; [2026] SGHC 201) · Matter