Page 4 - Partial Award News Today

A French arbitration court has awarded that Malaysia is legally obliged to pay RM62.6 billion to the descendants of the defunct Sulu Sultanate for violation of a land lease agreement in 1878. To lay the ground, what is this award based on? Few private international disputes today involve contracts nearly 150 years old. This is one of them

KOTA KINABALU: Malaysia must overturn the Paris Arbitration Court's decision to award US$14.62bil (RM62bil) to the heirs of the defunct Sulu Sultanate while pursuing the arbitrator Dr Gonzalo Stampa's move to ignore a suspension order on the case by the French and Spanish courts.

The Government of Malaysia completely rejects the purported final award of US$14.92 billion (RM62.6 billion) to be paid to the ...

/PRNewswire/ - Turquoise Hill Resources (the Company) today announced its financial results for the year ended December 31, 2021. All figures are in U.S....

Turquoise Hill announces financial results and review of operations for 2021 PR Newswire MONTREAL, March 2, 2022 MONTREAL, March 2, 2022 /PRNewswire/ - Turquoise Hill Resources (the Company) today announced its financial results for the year ended ...

/PRNewswire/ - Turquoise Hill Resources (the Company) today announced its financial results for the year ended December 31, 2021. All figures are in U.S....

The Panna-Mukta and Mid & South Tapti are shallow-water fields located in the offshore Bombay basin

Reliance and Shell had through the arbitration sought raising of the limit of cost that could be recovered from sale of oil and gas before profits are shared with the government. The award came this year.

The decision clarifies the circumstances under which an arbitral award might be challenged. A recent decision by the English Commercial Court indicates that failure to comply with a precondition to arbitration (such as an obligation to negotiate) calls into question the admissibility of a claim, rather than calling into question the jurisdiction of the arbitrators to hear such a claim. As parties to arbitration can only challenge an award through the English courts under s. 67 of the Arbitratio...

I personally believe that President Bio will be remembered just like our past HEROES Sengeh Pieh, Bai Bureh, and Sir Milton Margai based on the fact that they all fought for the DIGNITY, FREEDOM AND JUSTICE for our citizens. President Bio will always refuse to sell his “BIRTHRIGHTS for a bowl of porridge”. Let us continue to hope and pray that SL Mining will abandon the ideology of GREED. They should use their conscience by destroying the agreement signed with the destructive APC party ...