Matter
COG v ES (High Court of Hong Kong HCMP 172/2022)
- 11 November 2021Arbitration
11 November 2021Arbitration
CIETAC Arbitral Award dated 11 November 2021
CIETAC
- Decision summary
- The award ordered ES to pay COG US$21,072,360.54 as principal, liquidated damages at 3.85% per annum on that principal sum from 27 May 2016 until payment, legal fees of RMB 300,000, and an arbitration fee of RMB 1,118,705.60.
Supporting details
2 participantsCOG
ES
CIETAC
7 months and 13 days later · 225 days
- 24 June 2022Hong Kong
24 June 2022Hong Kong
Order of the High Court of Hong Kong in the case HCMP 172/2022 dated 24 June 2022
High Court of Hong Kong
- Decision summary
- The High Court of Hong Kong granted COG leave to enforce the CIETAC arbitral award against ES.
Supporting details
2 participantsCOG
ES
High Court of Hong Kong
7 months and 9 days later · 223 days
- 2 February 2023Hong Kong
2 February 2023Hong Kong
Reasons for Decision of the High Court of Hong Kong in the case HCMP 172/2022 dated 2 February 2023
High Court of Hong Kong
- Decision summary
- The High Court of Hong Kong dismissed ES's application to set aside the order enforcing the CIETAC award and ordered costs on an indemnity basis. It held that ES had a reasonable opportunity to present its case, that the award was manifestly valid, and that enforcement should proceed immediately; it rejected the public-policy and due-process objections and declined to stay enforcement pending a new arbitration.
Supporting details
7 authorities · 7 participantsCOG
- Representative
- Terence Wong (For: COG)
- Representative
- Loeb & Loeb LLP (For: COG)
ES
- Representative
- Kelly Cheng (For: ES)
- Representative
- Grandall Zimmern Law Firm (For: ES)
High Court of Hong Kong
- Judge
- Mimmie Chan