The Singapore Straits Times says that Singapore’s International Commercial Court will hear Dmitry Rybolovlev’s case against Singapore resident, Yves Bouvier, for taking advantage of his advisory relationship with the Russian collector:
The High Court has dismissed an attempt by Mr Bouvier, a Singapore permanent resident, to suspend the civil suit filed here against him by two companies linked to Mr Rybolovlev. Mr Bouvier had argued the dispute should be fought in the Swiss courts.
In a written judgment published on Tuesday, Senior Judge Lai Siu Chiu ruled that the Singapore suit, which was filed in the High Court last March, should proceed. But she said the case should be transferred to the Singapore International Commercial Court – set up in January last year to hear cross-border commercial disputes.
Singapore court to hear $1.4b art suit (The Straits Times)