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The heirs to a sultanate on the island of Borneo have asked a Dutch court to enforce their US$15 billion award against Malaysia.
30 September 2022
Singapore’s Court of Appeal has partially set aside a €62 million ICC award over a Malaysian steel plant after finding that a tribunal chaired by Michael Moser breached due process by adopting a “flexible approach” to proof of damage.
26 July 2022
A French court has granted Malaysia a stay of a US$15 billion award won by heirs to a sultanate on the island of Borneo after finding its enforcement could infringe on the country’s sovereignty – as the heirs secure an attachment over Luxembourg subsidiaries of the Malaysian national oil company.
12 July 2022
Malaysia’s state-owned telecoms company says it has defeated a US$34.5 million SIAC claim brought by a Singapore-registered IPTV services provider, also winning a counterclaim for misrepresentation.
08 July 2022
A Malaysian court has upheld an ad hoc award in a dispute between former partners in an offshore Indian petroleum block that was shut down more than a decade ago.
28 April 2022
Malaysia has asked a French court to overturn a US$15 billion award won by heirs to a sultanate on the island of Borneo, arguing the sole arbitrator had no authority to hear the dispute after his appointment was rescinded.
18 March 2022
An HKIAC-administered tribunal has ruled that Malaysian carmaker Proton validly terminated a joint venture to produce and sell a new luxury SUV for the Chinese market, a dispute that saw its former partner bring a US$3.2 billion counterclaim.
09 March 2022
A Brazilian energy company says an ICC tribunal has rejected its US$1.5 billion claim against a subsidiary of Malaysia’s national oil and gas company Petronas over its decision to pull out of a deal to acquire oil assets off the coast of Rio de Janeiro.
15 February 2022
The Singapore Court of Appeal has affirmed a decision to partially set aside an ICC award over a polysilicon plant because the tribunal upheld a “completely new” defence that was only introduced in closing submissions.
12 November 2021
The Commercial Court in London has ruled that Malaysian sovereign wealth fund 1MDB is not too late to challenge a multibillion-dollar arbitral settlement with an Abu Dhabi government-owned entity that it alleges was intended to cover up a massive fraud.
04 November 2021
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