In The Business Times article “A win-win option for all”, Sarah Thomas, partner at Morrison & Foerster, contributes her views on the potential impact of the new Singapore Convention on Mediation on businesses in commercial disputes.
She explains that if the new Convention is carefully implemented into domestic legislation and enforcement courts recognize and enforce mediated settlement agreements in good faith and a rational way, mediation has the potential to become a final and binding means of resolving cross-border disputes.
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