Recourse against an international arbitration award made in Singapore
In Astro Nusantara International BV v PT Ayunda Prima Mitra [2012] SGHC 212, the Singapore High Court set out the available recourse against an international arbitration award made in Singapore. This case has significant implications for Singapore as a seat of arbitration, and this note contrasts th...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2012
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| Online Access: | https://ink.library.smu.edu.sg/sol_research/3287 https://ink.library.smu.edu.sg/context/sol_research/article/5245/viewcontent/Recourse.pdf |
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| Institution: | Singapore Management University |
| Language: | English |
| Summary: | In Astro Nusantara International BV v PT Ayunda Prima Mitra [2012] SGHC 212, the Singapore High Court set out the available recourse against an international arbitration award made in Singapore. This case has significant implications for Singapore as a seat of arbitration, and this note contrasts the position between Singapore and Hong Kong against the backdrop of this case. In October 2008, after a failed joint venture, the Claimants, which belonged to the Astro group of companies of Malaysia, commenced arbitration in Singapore against the Respondents, which belonged to the Lippo group of companies of Indonesia. In May 2009, the tribunal first issued an award on jurisdiction upholding its jurisdiction over the Respondents. Subsequently, the tribunal issued four other awards on the substantive merits of the case, largely in favour of the Claimants. |
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