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Singapore
Foreland Singapore Pte Ltd & Anor v Ig Asia Pte Ltd
[2024] SGHC 179
Key Principle
Contract — Contractual terms — Force majeure clause; Contract — Remedies — Damages — Causation — Whether loss caused by breach; Banking — Statement of account — Verification clauses — Whether verification clause binding on issuer; Contract — Contractual terms — Rules of construction — Whether force majeure event rendered compliance “impossible or impracticable”; Contract — Contractual terms — Sections 3 and 11 Unfair Contract Terms Act 1977 (2020 Rev Ed) — Whether test of reasonableness applies to contractual terms
Area of Law
Contract
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