Matter
G Parties v CNG and SIL
- 8 February 2023Hong Kong
8 February 2023Hong Kong
1st Partial Final Award dated 8 February 2023
Hong Kong International Arbitration Centre
- Award no.
- 1st Partial Final Award
- Decision summary
- The tribunal ordered CNG to transfer its 65% shareholding in SIL to the G Parties for the purchase price of US$86.32 million.
Supporting details
Hong Kong International Arbitration Centre
4 months and 18 days later · 138 days
- 26 June 2023Hong Kong
26 June 2023Hong Kong
2nd Partial Final Award dated 26 June 2023
Hong Kong International Arbitration Centre
- Award no.
- 2nd Partial Final Award
- Decision summary
- The tribunal found CNG liable to pay damages arising from its failure to implement an extensive exploration plan and other operational breaches relating to the Project.
Supporting details
Hong Kong International Arbitration Centre
4 months and 26 days later · 148 days
- 21 November 2023Hong Kong
21 November 2023Hong Kong
3rd Partial Final Award dated 21 November 2023
Hong Kong International Arbitration Centre
- Award no.
- 3rd Partial Final Award
- Decision summary
- The tribunal granted directions for specific performance of the share transfer following CNG's non-compliance with the 1st Partial Final Award.
Supporting details
Hong Kong International Arbitration Centre
9 months and 9 days later · 283 days
- 30 August 2024Hong Kong
30 August 2024Hong Kong
4th Partial Final Award dated 30 August 2024
Hong Kong International Arbitration Centre
- Award no.
- 4th Partial Final Award
- Decision summary
- The tribunal found CNG liable for its failure to develop Phase 2 of the Project under the Shareholders Agreement.
Supporting details
Hong Kong International Arbitration Centre
5 months and 25 days later · 178 days
- 24 February 2025Hong Kong
24 February 2025Hong Kong
Enforcement order of the High Court of Hong Kong dated 24 February 2025
High Court of Hong Kong
- Decision summary
- The court granted the G Parties leave to enforce the 1st Partial Final Award as a judgment of the court.
25 days later · 25 days
- 21 March 2025Hong Kong
21 March 2025Hong Kong
Enforcement order of the High Court of Hong Kong dated 21 March 2025
High Court of Hong Kong
- Decision summary
- The court granted the G Parties leave to enforce the 3rd Partial Final Award as a judgment of the court.
10 months and 21 days later · 327 days
- 11 February 2026Hong Kong
11 February 2026Hong Kong
Decision of the High Court of Hong Kong in the cases HCCT 66/2023, HCCT 17/2025, and HCCT 123/2025 dated 11 February 2026
High Court of Hong Kong, Court of First Instance
- Decision summary
- The court granted injunctions restraining CNG from pursuing the Bribery Arbitration and dismissed CNG's applications to stay execution and enforcement of the Original Arbitration awards. It held that the Set Aside Claim and Rescission/Damages Claims were non-arbitral collateral attacks within the exclusive jurisdiction of the Hong Kong supervisory court and constituted vexatious, oppressive abuse of process. CNG was ordered to pay the disputed application costs on an indemnity basis.
Supporting details
41 authorities · 14 participantsG
- Representative
- Benjamin Yu SC (For: G)
- Representative
- Danny Tang (For: G)
- Representative
- William Wong (For: G)
- Representative
- Gibson, Dunn & Crutcher (For: G)
G
- Representative
- Benjamin Yu SC (For: G)
- Representative
- Danny Tang (For: G)
- Representative
- William Wong (For: G)
- Representative
- Gibson, Dunn & Crutcher (For: G)
CNG
- Representative
- William Wong SC (For: CNG · SIL)
- Representative
- Laurence Li SC (For: CNG · SIL)
- Representative
- Sara Tong SC (For: CNG · SIL)
- Representative
- Lai Chun Ho (For: CNG · SIL)
- Representative
- Howse Williams (For: CNG · SIL)
SIL
- Representative
- William Wong SC (For: CNG · SIL)
- Representative
- Laurence Li SC (For: CNG · SIL)
- Representative
- Sara Tong SC (For: CNG · SIL)
- Representative
- Lai Chun Ho (For: CNG · SIL)
- Representative
- Howse Williams (For: CNG · SIL)
High Court of Hong Kong, Court of First Instance
- Judge
- Mimmie Chan