Arbitral Digest

Matter

Banyan Tree Corporate Pte Ltd v Meydan Group LLC (DIAC Case 81/2010)

Arbitration involving Banyan Tree Corporate Pte Ltd v Meydan Group LLC; a linked record states that the DIFC Court of First Instance held that the DIFC Courts had jurisdiction in Banyan Tree Corporate Pte Ltd's arbitration claim against Meydan Group LLC.

  • International commercial arbitration
  • Interim measures
Case no.
DIAC Case 81/2010
Applicable rules
Rules of the Dubai International Arbitration Centre

Procedural record

  1. 27 May 2013United Arab Emirates

    27 May 2013United Arab Emirates

    Judgment of the DIFC Court of First Instance dated 27 May 2013

    DIFC Court of First Instance

    Decision summary
    The DIFC Court of First Instance held that the DIFC Courts had jurisdiction in Banyan Tree Corporate Pte Ltd's arbitration claim against Meydan Group LLC.

    Participants

    Banyan Tree Corporate Pte Ltd
    Meydan Group LLC
    DIFC Court of First Instance
    Judge
    Omar Al Muhairi

    4 months and 5 days later · 128 days

  2. 2 October 2013Arbitration

    2 October 2013Arbitration

    Final Award of sole arbitrator Alexis Mourre dated 2 October 2013

    Dubai International Arbitration Centre (DIAC)

    Decision summary
    The sole arbitrator awarded Banyan Tree Corporate Pte Ltd USD 19,163,012, SGD 49,530.18, and AED 644,000, including expenses and costs of the arbitration.

    Participants

    Banyan Tree Corporate Pte Ltd
    Meydan Group LLC
    Dubai International Arbitration Centre (DIAC)
    Arbitrator
    Alexis Mourre

    1 year, 1 month and 1 day later · 397 days

  3. 3 November 2014United Arab Emirates

    3 November 2014United Arab Emirates

    Judgment of the DIFC Court of Appeal in the case CA-005-2014 dated 3 November 2014

    DIFC Court of Appeal

    Case no.
    CA-005-2014
    Decision summary
    The DIFC Court of Appeal dismissed Meydan Group LLC's appeal against the 27 May 2013 judgment on jurisdiction in Banyan Tree Corporate Pte Ltd's arbitration claim.

    Participants

    Banyan Tree Corporate Pte Ltd
    Meydan Group LLC
    DIFC Court of Appeal

    5 months and 5 days later · 156 days

  4. 8 April 2015United Arab Emirates

    8 April 2015United Arab Emirates

    Judgment of the DIFC Court of First Instance in the case ARB-003-2013 dated 8 April 2015

    DIFC Court of First Instance

    Case no.
    ARB-003-2013
    Decision summary
    The DIFC Court of First Instance recognised the 2 October 2013 DIAC Final Award as binding within the DIFC and ordered its enforcement as a DIFC Courts judgment. It ordered Meydan Group LLC to pay the awarded USD, SGD, and AED sums, applicable interest, and the costs of the arbitration claim.

    Participants

    Banyan Tree Corporate Pte Ltd
    Meydan Group LLC
    DIFC Court of First Instance
    Judge
    Omar Al Muhairi
    Other
    Witness
    Brian Roy Nash
    Institutional administrator
    Mark Beer

    Authorities cited

    1
    • Arbitration Law, DIFC Law No. 1 of 2008 (DIFC Law No. 1 of 2008)
      statute

Matter record

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Banyan Tree Corporate Pte Ltd v Meydan Group LLC (DIAC Case 81/2010) · Matter