Looks like they're applying for a stay of proceedings. This could be interpreted as an offer being proposed that may come to light on the 27th, however, they may simply be challenging the jurisdiction in which the case if being heard (Singapore). In any case, there appears to be some action by one of the defendants, who is being represented by Asialegal LLC.
"A
stay of proceedings is a ruling by the
court in
civil and
criminal procedure, halting further legal process in a
trial or other legal proceeding.
[1] The court can subsequently lift the stay and resume proceedings based on events taking place after the stay is ordered. However, a stay is sometimes used as a device to postpone proceedings indefinitely."
"
Forum non conveniens (
Latin for "forum not agreeing") (
FNC) is a (mostly)
common law legal doctrine whereby courts may refuse to take jurisdiction over matters where there is a more appropriate forum available to the parties. As a doctrine of the
conflict of laws,
forum non conveniens applies between courts in different countries and between courts in different
jurisdictions in the same country.
Forum non conveniens is not applicable between counties or federal districts within a state.
A concern often raised in applications of the doctrine is
forum shopping, or picking a court merely to gain an advantage in the proceeding. This concern is balanced against the public policy of deferring to a plaintiff's choice of venue in claims where there may be more than one appropriate jurisdiction. The underlying principles, such as basing respect given to foreign courts on reciprocal respect or
comity, also apply in
civil law systems in the form of the legal doctrine of
lis alibi pendens.
Forum non conveniens is not exclusive to common law nations: the maritime courts of the
Republic of Panama, although not a common law jurisdiction, also have such power under more restrained conditions.
[1]"
(20min delay)