I was quite incensed when I got an email from a London underwriter saying that he is not keen to underwrite contracts governed by Singapore law. What a snooty, ill-informed London born Chinese. Does he not know that Singapore law was derived from English law; that the English appeal courts have cited judgements made by Singapore courts in part of their verdicts; and that Singapore has been ranked by the World Bank as the easiest place to do business, for the third year in a row?
The stupidity I face everyday.
For the full results of the World Bank survey, click here.
For more information on Singapore law, click here.
Ok… I should be more forgiving. The underwriter replied to thank me for the website on Singapore law and said that he will read up on it. He conceded that his comment was due to his lack of knowledge of Singapore law. (I gave the reason that I wanted him to be comfortable with Singapore law since it’s based on English law and I foresee more deals with him going forward).
I suppose some people (even if their ancestry is from China), may never have stepped into Asia before.
I can be such a bitch.