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Malaysia’s national oil and gas company Petronas has launched an ICSID claim against Sudan after a complex it operates in Khartoum was confiscated following allegations the land rights were illegally obtained.
12 October 2021
A judge in California has refused to allow the US Department of Justice to seize escrow funds held by Clyde & Co for an arbitration client that are allegedly linked to the 1MDB embezzlement scandal in Malaysia.
12 March 2021
A UK judge has refused to compel Clyde & Co to make payments to an arbitration client from escrow funds that US authorities have linked to the 1MDB embezzlement scandal in Malaysia.
01 March 2021
A Singapore court has ruled that the owner of a polysilicon plant was denied a fair chance to respond to a “completely new defence” to an ICC claim for delay damages, which led to a US$15 million reduction in the amount it was awarded.
09 February 2021
The Singapore Court of Appeal has upheld a SIAC award against a Malaysian online travel agency in a US$35 million dispute with its former owners, ruling that the tribunal’s finding on res judicata was not a question of jurisdiction that could be examined afresh.
04 December 2020
A Malaysian federal court judge, Suriyadi Halim Omar, has been appointed director of the Kuala-Lumpur based Asian International Arbitration Centre after Vinayak Pradhan died earlier this year.
16 November 2020
A Malaysian state-owned shipping company has applied to set aside an award worth over US$340 million won by a Shell subsidiary at the Asian International Arbitration Centre in a dispute over one of the country’s largest offshore oil fields.
22 July 2020
The former director of the Asian International Arbitration Centre, Sundra Rajoo – who has been facing criminal charges in Malaysia for using the centre’s money to publish a book – has seen the charges against him quashed, as a dispute over the appointment of his successor continues.
22 June 2020
A Shell subsidiary has won more than US$340 million in a billion-dollar arbitration at the Asian International Arbitration Centre, launched by a Malaysian state-owned shipping company over one of the country’s biggest offshore oil fields.
14 April 2020
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