Arbitral Digest

Matter

Flame Asia Resources Pte Ltd v Ohnicio Trading (HK) Limited

  1. 17 July 2024Hong Kong

    17 July 2024Hong Kong

    Order of the High Court of Hong Kong in HCCT 80/2024 dated 17 July 2024

    High Court of Hong Kong

    Case no.
    HCCT 80/2024
    Decision summary
    The High Court of Hong Kong granted Flame Asia Resources Pte Ltd leave to enforce the arbitral awards against Ohnicio Trading (HK) Limited.

    Supporting details

    2 participants
    Flame Asia Resources Pte Ltd
    Ohnicio Trading (HK) Limited
    High Court of Hong Kong

    2 months and 3 days later · 65 days

  2. 20 September 2024Hong Kong

    20 September 2024Hong Kong

    Orders of the High Court of Hong Kong in HCCT 80/2024 dated 20 September 2024

    High Court of Hong Kong

    Case no.
    HCCT 80/2024
    Decision summary
    The High Court of Hong Kong granted a Mareva injunction and disclosure orders against Ohnicio Trading (HK) Limited in aid of enforcement of the arbitral awards.

    Supporting details

    2 participants
    Flame Asia Resources Pte Ltd
    Ohnicio Trading (HK) Limited
    High Court of Hong Kong

    1 month and 10 days later · 40 days

  3. 30 October 2024Hong Kong

    30 October 2024Hong Kong

    Chabra Injunction Order of the High Court of Hong Kong in HCCT 80/2024 dated 30 October 2024

    High Court of Hong Kong

    Case no.
    HCCT 80/2024
    Decision summary
    The High Court of Hong Kong granted a Chabra injunction against Full Idea Trading Limited with an ancillary disclosure order in aid of Flame Asia Resources Pte Ltd's enforcement of the arbitral awards.

    Supporting details

    2 participants
    Flame Asia Resources Pte Ltd
    Full Idea Trading Limited
    High Court of Hong Kong

    1 month and 6 days later · 37 days

  4. 6 December 2024Hong Kong

    6 December 2024Hong Kong

    Disclosure Orders of the High Court of Hong Kong in HCCT 80/2024 dated 6 December 2024

    High Court of Hong Kong

    Case no.
    HCCT 80/2024
    Decision summary
    The High Court of Hong Kong granted further disclosure orders against HSBC and SCB for banking documents of Ohnicio Trading (HK) Limited and Full Idea Trading Limited in aid of enforcement of the arbitral awards.

    Supporting details

    3 participants
    Flame Asia Resources Pte Ltd
    Ohnicio Trading (HK) Limited
    Full Idea Trading Limited
    High Court of Hong Kong

    13 days later · 13 days

  5. 19 December 2024Hong Kong

    19 December 2024Hong Kong

    Order of the High Court of Hong Kong in HCCT 80/2024 dated 19 December 2024

    High Court of Hong Kong

    Case no.
    HCCT 80/2024
    Decision summary
    The High Court of Hong Kong granted Flame Asia Resources Pte Ltd further leave to enforce the arbitral awards against Ohnicio Trading (HK) Limited.

    Supporting details

    2 participants
    Flame Asia Resources Pte Ltd
    Ohnicio Trading (HK) Limited
    High Court of Hong Kong
  6. Date not availableArbitration

    Date not availableArbitration

    Arbitral Award on Costs (November 2024)

    Decision summary
    The tribunal awarded Flame Asia Resources Pte Ltd US$2.23 million plus interest in costs against Ohnicio Trading (HK) Limited.

    Supporting details

    2 participants
    Flame Asia Resources Pte Ltd
    Ohnicio Trading (HK) Limited
  7. Date not availableArbitration

    Date not availableArbitration

    Arbitral Award on Liability (May 2024)

    Decision summary
    The tribunal ruled that Ohnicio Trading (HK) Limited's force majeure declarations did not allow it to avoid its contractual obligations and awarded Flame Asia Resources Pte Ltd over US$13.5 million plus interest as damages.

    Supporting details

    2 participants
    Flame Asia Resources Pte Ltd
    Ohnicio Trading (HK) Limited

Matter record

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Flame Asia Resources Pte Ltd v Ohnicio Trading (HK) Limited · Matter