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In the recent Court of Appeal (“CA”) decision of ST Group Co Ltd v Sanum Investments Limited [2019] SGCA 65 (“ST Group (CA)”), the CA held that leave to enforce an arbitration award will not be granted for a wrongly seated arbitration.
Factual background
The claimant in the arbitration proceedings was Sanum Investments Limited (“Sanum”), while the respondents were ST Vegas Enterprise Ltd, ST Group Co, Ltd, ST Vegas Co, Ltd and one Mr. Sithat Xaysoulivong (“Mr. Sithat”) (collectively, the “Lao parties”). Sanum is also the appellant in the appeal, while the ST Group Co, Ltd (“ST Group”) was the respondent in the appeal.
The parties entered into various joint venture (“JV”) arrangements to invest in the Laotian gaming industry and correspondingly entered into various JV agreements.
First, Sanum and ST Group entered into a Master Agreement on 30 May 2007 which contained a multi-tiered dispute resolution clause providing for, inter alia, parties to use an “internationally recognized mediation/arbitration company in Macau”. The Master Agreement also envisaged that there would be separate sub-agreements corresponding to the details of each joint venture.
This story is from the January 2020 edition of Legal Era.
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This story is from the January 2020 edition of Legal Era.
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