SINGAPORE, 9 September 2025 — Duane Morris & Selvam is proud to announce its recognition at the prestigious Legal Era Global Achievers Awards 2025, held on 5th September 2025 at Hotel The Lalit, New Delhi, during the 14th Annual Legal Era India Conclave & Awards.
Jamie Benson and Priyank Srivastava were honored with the Cross Border Lawyers Awards of the Year in their respective categories, Capital Markets for Jamie and Infrastructure and Energy for Priyank, in recognition of their exceptional expertise in handling complex cross-border transactions.
SINGAPORE, 26 August 2025 — Duane Morris & Selvam LLP (DMS) today announced the continued expansion of their India practice, reinforcing the Firm’s commitment to India as a strategic focus within their global offering. This move comes at a time when India’s structural growth outlook remains robust, with the economy poised to become the world’s third-largest within five years. As India navigates a shifting credit environment, moderating inflation, and global uncertainties such as the post-Trump U.S. administration and climate-related economic pressures, clients increasingly require legal advisors with deep market insight and global capabilities.
SINGAPORE, 26 August 2025 — Duane Morris & Selvam LLP acted as the international legal counsel to Intensive Fiscal Services Private Limited and DAM Capital Advisors Limited in their capacity as the book running lead managers on the recent sale of INR 4,706 million (US$54 million) of shares in All Time Plastics Limited in a pre-IPO and IPO in India and concurrent private placements outside India.
SINGAPORE, 6 August 2025 — Duane Morris & Selvam LLP is pleased to announce that Mr Leon Yee, Chairman of the firm, has been appointed to the Advisory Board of Nanyang Business School (NBS), Nanyang Technological University, with effect from 1 August 2025.
On 30 May 2025, the Monetary Authority of Singapore (“MAS”) published its response to feedback on the proposed regulatory approach, regulations, and notices for digital token service providers (“DTSPs”) under the Financial Services and Markets Act 2022 (“FSM Act”). This article provides a summary of the key features of the new regime, MAS’s clarifications, and practical implications for affected entities.
Scope of the DTSP Regime The DTSP regime applies to individuals, partnerships, or Singapore-incorporated entities that carry on a business of providing digital token (“DT”) services outside Singapore. The regulatory focus is on mitigating money laundering and terrorism financing (“ML/TF”) risks, as well as reputational risks to Singapore, given the cross-border and internet-based nature of such services.
SINGAPORE, 16 June 2025 – We are pleased to announce that Akshay Kishore has joined Duane Morris & Selvam LLP as a Director and Head of the India Dispute Resolution Practice.
Key Takeaway: The need for an additional step (as required under the Singapore Rules of Court 2021) (“ROC 2021”) before being allowed to introduce expert evidence and the attendant additional costs and risks could reduce the attractiveness of litigation in Singapore in favour of arbitration. All should thus be aware of the additional complexities introduced by ROC 2021, and consider whether litigation under Singapore law remains the best solution in a dispute or if arbitration is the better option.
One of the changes made by ROC 2021 is to introduce court control over a party’s previously unrestricted right to introduce expert evidence. If a litigant wishes to introduce his own expert to give evidence, he has to convince the Court, among other things, that (1) expert evidence will contribute materially to the determination of any issue and (2) that the default rule that parties are to agree on one common expert should be departed.
While this change is welcomed when viewed through the lens of expeditious proceedings and efficient use of court resources (see Order 3, Rule 1(2) of the ROC 2021), it requires lawyers and (potential) litigants to grapple with the additional complexities of litigation in Singapore. This article will discuss a couple of such additional complexities and discuss whether they increase the attractiveness of arbitration, especially in complex disputes where expert evidence is an important, if not integral, part of the process.
