Arbitral Digest

Matter

Cukurova Holding A.S. v Sonera Holding B.V. (Eastern Caribbean Supreme Court, Court of Appeal, HCVAP 2012/029)

  1. 24 October 2011British Virgin Islands

    24 October 2011British Virgin Islands

    Order dated 24 October 2011 granting permission to enter judgment and enforce ICC arbitration award

    Commercial Division, Territory of the Virgin Islands

    Decision summary
    The Commercial Division granted Sonera Holding B.V. permission to enter judgment in the same terms as, and enforce, the ICC arbitral award against Cukurova Holding A.S.

    Supporting details

    2 participants
    Sonera Holding B.V.
    Cukurova Holding A.S.
    Commercial Division, Territory of the Virgin Islands

    10 months and 26 days later · 331 days

  2. 19 September 2012British Virgin Islands

    19 September 2012British Virgin Islands

    Judgment of Bannister J [Ag.] dated 19 September 2012

    Commercial Division, Territory of the Virgin Islands

    Decision summary
    The Commercial Division dismissed Cukurova Holding A.S.'s application to set aside the order granting Sonera Holding B.V. permission to enter judgment and enforce the ICC arbitral award.

    Supporting details

    3 participants
    Cukurova Holding A.S.
    Sonera Holding B.V.
    Commercial Division, Territory of the Virgin Islands

    2 months and 16 days later · 77 days

  3. 5 December 2012British Virgin Islands

    5 December 2012British Virgin Islands

    Decision of the Eastern Caribbean Supreme Court, Court of Appeal, Territory of the Virgin Islands in the case HCVAP 2012/029 dated 5 December 2012

    Eastern Caribbean Supreme Court, Court of Appeal, Territory of the Virgin Islands

    Case no.
    HCVAP 2012/029
    Decision summary
    The Court of Appeal dismissed Sonera Holding B.V.'s application to strike out Cukurova Holding A.S.'s appeal, holding that the judgment refusing to set aside recognition and enforcement of the ICC arbitral award was final and did not require leave to appeal.

    Supporting details

    8 authorities · 7 participants
    Cukurova Holding A.S.
    Representative
    Arabella di Iorio (For: Cukurova Holding A.S.)
    Sonera Holding B.V.
    Representative
    Bankim Thanki (For: Sonera Holding B.V.)
    Representative
    John Carrington (For: Sonera Holding B.V.)
    Representative
    Ben Valentin (For: Sonera Holding B.V.)
    Eastern Caribbean Supreme Court, Court of Appeal, Territory of the Virgin Islands

    Authorities cited

    8
    • West Indies Associated States Supreme Court (Virgin Islands) Act (Cap. 80, Revised Laws of the Virgin Islands 1991)
      statute
    • Dallah Real Estate and Tourism Holding Company v The Ministry of Religious Affairs, Government of Pakistan ([2010] UKSC 46)
      case law
    • Consolidated Contractors International Co SAL v Masri (74 WIR 235)
      case law
    • Pirate Cove Resorts Limited et al v Euphemia Stephens et al (Saint Vincent and the Grenadines High Court Civil Appeal No. 11 of 2002)
      case law
    • TSJ Engineering Consulting Limited v Al-Rushaid Petroleum Investment Company et al (Territory of the Virgin Islands High Court Civil Appeal No. 13 of 2010)
      case law
    • Oliver McDonna v Benjamin Wilson Richardson (Anguilla High Court Civil Appeal No. 3 of 2005)
      case law
    • Nigel Hamilton-Smith et al v Alexander M. Fundora (Antigua and Barbuda High Court Civil Appeal No. 31 of 2010)
      case law
    • Arbitration Act 1976
      statute
  4. Date not availableArbitration

    Date not availableArbitration

    ICC Final Award

    International Court of Arbitration of the International Chamber of Commerce

    Decision summary
    The ICC arbitration award ordered Cukurova to pay over US$71 billion.

    Supporting details

    2 participants
    Cukurova Holding A.S.
    Sonera Holding B.V.
    International Court of Arbitration of the International Chamber of Commerce

Matter record

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Cukurova Holding A.S. v Sonera Holding B.V. (Eastern Caribbean Supreme Court, Court of Appeal, HCVAP 2012/029) · Matter