Organisation: Bank of China
SIAC hears Belt and Road dispute in Bangladesh
A Thai construction company has filed for SIAC arbitration against Chinese state-controlled entities as they battle for control of a billion-dollar highway project in Bangladesh.
07 October 2024
Cooperation on the menu in China
A highlight of China Arbitration Week, this year's China Arbitration Summit and Belt and Road Arbitration Institutions Forum affirmed China’s commitment to arbitration and particularly to strengthening international cooperation to develop talent and harmonise practice. Melody Chan, partner at White & Case in Hong Kong, and associates Philip Tan and Clemency Wang in Singapore, report.
04 October 2021
Kazakhstan hunts claimant's assets after Soviet treaty win
After defeating a US$917 million claim under a Soviet investment treaty and winning costs, Kazakhstan has applied for discovery from various US banks to track down the claimant's assets and sources of funding.
06 November 2020
Malaysian group wins award over shopping mall sale
An HKIAC tribunal has awarded a Malaysian group almost US$140 million it claimed it was owed by a Chinese investor for the purchase of a shopping mall.
28 May 2020
Samsung liable over Australian mining project
A SIAC-administered tribunal has ordered the construction arm of South Korea’s Samsung to pay US$94 million in a dispute over work on a multibillion-dollar mining project in Australia, but it remains unclear how much of that sum the counterparty in the case will be entitled to collect.
21 March 2019
Proceeds of SIAC claim frozen in Australia
An Australian court has agreed to grant a freezing order against a Spanish-owned engineering company to prevent it from disposing of the potential proceeds of a US$234 million claim it is pursuing against Samsung at the Singapore International Arbitration Centre.
16 May 2018
Trump rejects TPP on first working day in office
On his first working day as president of the United States, Donald Trump has formally abandoned the Trans-Pacific Partnership, his predecessor's signature trade deal forging major links with Asia – as aides indicate he may quickly move to renegotiate NAFTA.
23 January 2017
ICC sees untapped potential for banking and finance disputes
Financial institutions are not exploiting the potential benefits of commercial and investment arbitration to the full extent possible, with Islamic finance a “completely untapped area”, says an ICC report unveiled in Rome tonight.
08 November 2016
Hong Kong appeal court agrees with comity concerns
09 June 2016
Hong Kong court refuses anti-suit injunction on grounds of delay
05 February 2016