HKIAC Or SIAC? Comparing Asia’s Premier Arbitration Centres

When it comes to resolving international disputes in Asia, two prominent arbitration powerhouses, the Hong Kong International Arbitration Centre (HKIAC) and the Singapore International Arbitration Centre (SIAC), stand out. As parties seek an optimal venue for their arbitration matters, it becomes crucial to weigh the pros and cons of each institution. In this article, we delve into the distinctive features of HKIAC and SIAC, evaluating their strengths and weaknesses to determine which centre holds […]

By | December 12th, 2023 ||

India: Lack Of Evidence Of Loss Of Profit In An Arbitral Award Renders The Award As Contrary To Public Policy

In Unibros v. All India Radio, India’s Supreme Court (the “SC”) set aside an arbitral award that allowed a claim for damages without any proof of the claimant having suffered injury, thereby rendering the award as being in conflict with India’s public policy. Section 34(2)(b)(ii) of India’s Arbitration and Conciliation Act, 1996 (the “Arbitration Act”) stipulates that an arbitral award may be set aside by a court if “the arbitral award is in conflict with the […]

By | November 29th, 2023 ||

UK: Arbitration – Reflecting On A Rare Successful S.68 Challenge

In The Federal Republic of Nigeria v Process & Industrial Developments Limited [2023] EWHC 2638 (Comm), Mr Justice Knowles in the Commercial Court considered a challenge to two arbitral awards. Not only is this a very rare example of a successful challenge to an award under Section 68 of the Arbitration Act 1996 (“the Arbitration Act”), but it contains excoriating commentary on the conduct of the arbitration. Here we look at a decision which the […]

By | November 28th, 2023 ||