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Tag Archives: Singapore

Court of Final Appeal extends time for First Media to challenge enforcement orders and judgment

In Astro Nusantara International B.V. and Others v. PT First Media TBK [2018] HKCFA 12; FACV 14/2017 (11 April 2018), Hong Kong’s highest court the Court of Final Appeal (“CFA“) handed down its decision on 11 April 2018 in a long-running dispute between members of a Malaysian media group (“Astro”) and First Media, a company that is a part of an Indonesian conglomerate referred to as Lippo.  The issue before the CFA concerns the refusal of the time extension to set aside the Hong Kong enforcement orders and judgment. The

Singapore High Court sets aside arbitral award for breach of natural justice

In a recent decision in JVL Agro Industries v Agritrade International Pte Ltd [2016] SGHC 126, the Singapore High Court has set aside an arbitral award for the Tribunal’s failure to grant the plaintiff a fair hearing. The defendant is now appealing against the High Court’s decision. Background The parties entered into 29 contracts for sale of palm oil in 2008. When the market price collapsed they negotiated a price-averaging arrangement to permit deferment of delivery and average down the overall unit price. In 2010 the market price rose again

Brexit, Sanctions and the Rise of Asian Arbitral Seats – Much Ado about Nothing or Reshuffling the Cards?

The results of the UK’s referendum, with a vote to leave the European Union, will not affect London’s position as a leading international arbitration seat and dispute resolution centre.  The recent developments do not change the fact that the UK has been and will continue to be a favored destination for dispute resolution. London has long enjoyed its position as a highly respected and oft-used seat for international arbitration.  Recently, however, the EU-imposed sanctions and the rise of other seats, together with the perceived expense of conducting hearings in London

Singapore High Court rejects a challenge to the enforcement of an arbitration award founded on fraud and corruption

The Singapore High Court has confirmed the principle an allegation of fraud in a civil matter will be considered on the balance of probabilities, but that the nature of the evidence to enable a finding to be made should be more persuasive or strong than that required for a finding of, for example, negligence. In Beijing Sinozonto Mining Investment Co Ltd v Goldenray Consortium (Singapore) Pte Ltd [2014] 1 SLR 814, the Singapore High Court considered a challenge under s31(4)(b) of the Singapore International Arbitration Act to the enforcement of

Astro v Lippo: Singapore Court of Appeal clarifies award debtor’s right to challenge arbitral tribunal’s decision on jurisdiction and joinder of third parties

The Singapore Court of Appeal has given its much-anticipated decision in the latest chapter of the long running Astro v Lippo dispute, allowing an appeal by PT First Media TBK (a Lippo company) against enforcement orders issued by the Singapore High Court in respect of arbitral awards worth US$250 million made in favour of eight companies belonging to the Astro group.  (PT First Media TBK (formerly known as PT Broadband Multimedia TBK) v Astro Nusantara International BV and others and another appeal [2013] SGCA 57.) The arbitration proceedings related to