CHAN, FELIX W. H.; CHAN, WAI-SUM; LI, JOHNNY S. H. - In: The Singapore Economic Review (SER) 55 (2010) 04, pp. 705-731
In Singapore personal injury litigations, successful claimants usually receive their compensations as a lump sum. The main advantage of a lump sum payment is that the proceedings can be concluded with a 'clean break' between the parties. The lump sum is a result of discounting the future...