Government of the Lao People's Democratic Republic v Lao Holdings NV [2024] SGHC(I) 9 - 18 April 2024
Country
Year
2024
Summary
Arbitration - Award - Setting aside
Introduction
1. The respondent ("LHNV") applied by HC/SUM 2721/2023 ("Summons 2721") to set aside an order of court granting the claimant ("GOL") leave to enforce an award (the "ICSID Award") made in ICSID Arbitration Case No ARB(AF)/12/6 (the "ICSID Arbitration"). LHNV contended that the ICSID Tribunal was misled into granting an excessive costs order against it, as GOL had intentionally withheld disclosure of a fee cap agreement between itself and its solicitors.
2. We dismiss LHNV's application for the reasons set out below.