One Arbitration Agreement to Rule Them All

15 Aug 2024

In Pertamina International Marketing & Distribution Pte Ltd v P-H-O-E-N-I-X Petroleum Philippines, Inc (also known as Phoenix Petroleum Philippines, Inc) and another matter [2024] SGHC(I) 19, the Singapore International Commercial Court found that an arbitration clause in a memorandum of understanding applies to individual sale contracts with no dispute resolution clause but which were nonetheless concluded pursuant to the parties’ understanding. Director Mahesh Rai and Senior Associate Samuel Soo discuss this decision and the practical considerations for parties in long-term commercial relationships under a framework or ‘umbrella’ agreement in this update.

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