vimarsana.com

Latest Breaking News On - Messrs alfred dent - Page 1 : vimarsana.com

Paris Court of Appeal stays $15 billion award against Malaysia for prejudice against sovereign rights

Recently, the Paris Court of Appeal stayed the enforcement of the final award in the <i>Heirs of the Sultan of Sulu v Malaysia</i>. The Court held that an award of damages, based on the restitution value of disputed territory, presented a risk of serious prejudice to territorial sovereignty that warranted a stay. The decision clarifies the definition of "serious prejudice" that will justify a stay of enforcement pending annulment of an arbitral award in France.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.