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Lakshanthi Fernando on Muck Rack

Lakshanthi Fernando

As seen in: The Business Times (Singapore), Lexology
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Articles

English and Singapore High Courts address the correct date for assessing damages in crypto claims

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By Kushal Gandhi, Rachel Harrison, Lakshanthi Fernando, Wei Ming Tan, Os Agarwal
| Lexology Verified
In both England and Singapore, the purpose of an award for breach of contract is to compensate the injured party. The award is generally meant to place the claimant in the same position as if the contract had been performed. The courts will typically assess damages by reference to the date on which the contract was breached, unless this would result in an injustice.
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The SIAC Annual Report 2023 - key takeaways in year of growth and record caseload

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By Wei Ming Tan, Lakshanthi Fernando, Kelvin Aw, Jeremie Witt
| cms.law
29/05/2024 In April 2024, the Singapore International Arbitration Centre (“SIAC”) published its Annual Report 2023, recording another year of high caseload and usage of the institution’s services across a broad and diverse geography of jurisdictions.We summarise some... Read more
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Is cryptocurrency property capable of being held on trust?

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By Kushal Gandhi, Lakshanthi Fernando, Os Agarwal
| cms.law
24/08/2023 Recently, the Singapore High Court in ByBit Fintech Limited v Ho Kai Xin [2023] SGHC 199 (“ByBit”) was presented with this issue and held that Tether, also known as USDT, a fiat backed stablecoin pegged to the US Dollar is property, and more specifically classified... Read more
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