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South African court reaffirms stance on enforcement of arbitral awards

South African court reaffirms stance on enforcement of arbitral awards
pinsentmasons.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pinsentmasons.com Daily Mail and Mail on Sunday newspapers.

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The BETAMAX Case: The Aftermath - Litigation, Mediation & Arbitration


Betamax applied to the Judicial Committee of the Privy Council
(the
Privy Council) against the decision of the
Supreme Court of Mauritius. The Supreme Court had allowed the
appeal of the then appellant, State Trading Corporation
(
STC) and the arbitral award made by the arbitral
tribunal to the then respondent, Betamax was dismissed as
summarised in Appleby s Mauritius Newsletter August 2019, here.
The decision of the Board of the Privy Council dated 14 June
2021 in this Appeal is most certainly welcomed within the
International Arbitration community. The Board has ruled in favour
of Betamax, setting aside the order of the Supreme Court and ....

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Major Projects & Construction 5 Minute Fix 79: procurement practices, security of payment, damages for defects - Knowledge


08 Jul 2021
BY THE MAJOR PROJECTS & CONSTRUCTION TEAM
Get your 5 Minute Fix of major projects and construction news. This issue: default procurement practices for NSW large, complex infrastructure projects; update on WA s overhaul of its security of payment laws; when a builder is in the business of building residences (or not) for Victoria s SOP legislation; SA Court of Appeal reduces damages for defects; latest development in enforcing ICSID s awards, and arbitral tribunal issues.
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Collaboration between NSW and Contractors sets new procurement standards
The NSW Premier s Memorandum issued on 24 June 2021 sets out the default procurement practices that NSW government agencies and State Owned Corporations are expected to apply to all large, complex infrastructure projects in the Framework for Establishing Effective Project Procurement from 1 July 2021. ....

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