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Singapore
Leading Case
good faithagreements to negotiatecertaintydivergence from english law
HSBC Institutional Trust Services (Singapore) Ltd v Toshin Development Singapore Pte Ltd
[2012] SGCA 48; [2012] 4 SLR 738
Key Principle
An express contractual obligation to negotiate (or 'endeavour to agree') in good faith is valid and enforceable in Singapore; good faith requires honesty and observance of accepted commercial standards of fair dealing.
Area of Law
Contract & Commercial
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