Arbitral Digest

Matter

ADM Asia-Pacific Trading PTE Ltd v PT Budi Semesta Satria

Seat
United Kingdom
Applicable rules
FOSFA Regulations
  1. 2 December 2014Indonesia

    2 December 2014Indonesia

    Decision of the District Court of Central Jakarta dated 2 December 2014

    District Court of Central Jakarta

    Decision summary
    The District Court of Central Jakarta upheld ADM Asia-Pacific Trading PTE Ltd's jurisdictional challenge and declined jurisdiction over PT Budi Semesta Satria's proceedings against ADM and Sucofindo.

    Supporting details

    3 participants
    PT Budi Semesta Satria
    ADM Asia-Pacific Trading PTE Ltd
    Sucofindo
    District Court of Central Jakarta

    5 months and 5 days later · 156 days

  2. 7 May 2015United Kingdom

    7 May 2015United Kingdom

    FOSFA First Tier Award dated 7 May 2015

    Federation of Oils, Seeds and Fats Associations

    Decision summary
    The FOSFA arbitrators held that they had jurisdiction, found PT Budi Semesta Satria in breach of the Contract of Sale, and awarded ADM Asia-Pacific Trading PTE Ltd US$21,425,291.23 for breach of the Contract of Sale and US$150,000 for breach of the arbitration agreement, together with interest and costs.

    Supporting details

    2 participants
    ADM Asia-Pacific Trading PTE Ltd
    PT Budi Semesta Satria
    Federation of Oils, Seeds and Fats Associations

    2 months and 1 day later · 62 days

  3. 8 July 2015Indonesia

    8 July 2015Indonesia

    Judgment of the Indonesian High Court dated 8 July 2015

    Indonesian High Court

    Decision summary
    The Indonesian High Court allowed PT Budi Semesta Satria's appeal against the District Court of Central Jakarta's decision declining jurisdiction and directed that the case be remitted to the District Court for consideration of the substantive dispute.

    Supporting details

    3 participants
    PT Budi Semesta Satria
    ADM Asia-Pacific Trading PTE Ltd
    Sucofindo
    Indonesian High Court

    11 months and 12 days later · 348 days

  4. 20 June 2016United Kingdom

    20 June 2016United Kingdom

    Judgment of the High Court of Justice, Commercial Court in the case CL-2015-000665 dated 20 June 2016

    High Court of Justice, Commercial Court

    Case no.
    CL-2015-000665
    Citation
    [2016] EWHC 1427 (Comm)
    Decision summary
    The court refused ADM Asia-Pacific Trading PTE Ltd's application for a final anti-suit injunction restraining PT Budi Semesta Satria from continuing proceedings in Indonesia. It did not decide whether the Indonesian proceedings breached the arbitration clause, holding that ADM's delay, substantive participation in those proceedings, and their advancement made injunctive relief inappropriate in light of discretionary considerations and comity.

    Supporting details

    9 authorities · 8 participants
    ADM Asia-Pacific Trading PTE Ltd
    Representative
    John Russell QC (For: ADM Asia-Pacific Trading PTE Ltd)
    Representative
    Tom Bird (For: ADM Asia-Pacific Trading PTE Ltd)
    Representative
    Hill Dickinson LLP (For: ADM Asia-Pacific Trading PTE Ltd)
    PT Budi Semesta Satria
    Representative
    Philippa Hopkins (For: PT Budi Semesta Satria)
    Representative
    Addleshaw Goddard LLP (For: PT Budi Semesta Satria)
    High Court of Justice, Commercial Court

    Authorities cited

    9
    • Donohue v Armco Inc ([2001] UKHL 64)
      case law
    • AES Ust-Kamenogorsk Hydropower Plant LLP v Ust-Kamenogorsk Hydropower Plant ([2013] UKSC 35)
      case law
    • The Angelic Grace ([1995] 1 Lloyd's Rep 87)
      case law
    • The Skier Star ([2008] 1 Lloyd's Rep 652)
      case law
    • Ecobank Transnational Inc v Tanoh ([2015] EWHC 1874 (Comm))
      case law
    • Essar Shipping Ltd v Bank of China ([2015] EWHC 3266 (Comm))
      case law
    • Ecobank Transnational Incorporated v Tanoh ([2015] EWCA Civ 1309)
      case law
    • The Magellan Spirit ([2016] EWHC 454 (Comm))
      case law
    • Transfield Shipping ([2009] EWHC 3642 (Comm))
      case law

Matter record

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ADM Asia-Pacific Trading PTE Ltd v PT Budi Semesta Satria · Matter