• Title/Summary/Keyword: recourse against arbitral awards

Search Result 1, Processing Time 0.021 seconds

Refusing Enforcement of Arbitral Awards and Passive Remedy : Focused on PT First Media TBK v. Astro Nusantara International BV and others [2013] SGCA 57 (중재판정의 집행거부와 소극적 구제 - 싱가포르의 PT First Media TBK v. Astro Nusantara International BV and others [2013] SGCA 57 판결의 분석 -)

  • Sur, Ji-Min
    • Journal of Arbitration Studies
    • /
    • v.28 no.4
    • /
    • pp.131-152
    • /
    • 2018
  • On October 31, 2013, the Singapore Court of Appeals handed down a landmark decision in the case of PT First Media TBK v Astro Nusantara International and Others [2013] SGCA 57. The case arose out of an arbitration in Singapore involving the Malaysian conglomerate Astro and the Indonesian conglomerate Lippo, which culminated in a USD 250 million award in favor of Astro. The final award was given to three Astro subsidiaries who were not parties to the arbitration agreement, but who were joined in the arbitration pursuant to an application by Astro. Lippo then applied to the Singapore High Court to set aside the enforcement orders. The Court of Appeals, however, reversed the High Court's decision, and found that Astro was only entitled to enforce the awards. Also, the Court of Appeals undertook a detailed analysis of the use of active and passive remedies to defeat an arbitral award at the seat and the place of enforcement, respectively. It also touches on the innovation of forced joinders of third parties in arbitrations, which have garnered significant interest in the arbitration community. This decision is therefore expected to have a significant impact on the practice of international arbitration, including in relation to how awards can be enforced or defeated, as the case may be.