ENFORCEMENT IN ARBITRATION

The legal tussle between Malaysia’s Astro and the Lippo Group in Indonesia highlights issues in cross-border contracts.


astro case study lippo

The dispute between the Astro Group and the Lippo Group that was recently before the Singapore Courts highlights important lessons for parties with crossborder contracts and disputes as it demonstrates both the strengths as well as weakness of the enforcement regime in arbitration pursuant to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the “New York Convention”).

It is important to understand that the substantive dispute between the parties has already been resolved by arbitration in Singapore and that the parties are bound by the tribunal’s decision (known as an “award”).



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