In this multipart article, attorneys from Reed Smith explain
how parties to an arbitration can avoid a “Pyrrhic victory”—in other words, an
arbitral award won, but not paid—in various jurisdictions around the globe. The
first part, published in the July-August 2024 issue of Dispute Resolution
Journal, covered the United States and France. The second part, published in
the September-October 2024 issue, covered the rules in Hong Kong and the United
Arab Emirates. The third part, published in the November-December 2024 issue,
covered the United Kingdom. This part discusses Singapore. Latin America will
be the focus of the final part, to be published in an upcoming issue of Dispute
Resolution Journal.