Matter
Halimeda International Ltd v Maple Ridge Limited (LCIA Arbitration No. 204884)
Halimeda International Ltd v Maple Ridge Limited arbitration concerning enforcement and recognition and award, with related court proceedings.
Arbitral Digest
Related Digest
Procedural record
- 6 February 2023Arbitration
6 February 2023Arbitration
Partial Arbitral Award dated 6 February 2023
London Court of International Arbitration
- Decision summary
- The tribunal determined that Halimeda International Ltd was the assignee of the relevant loans and could pursue the arbitration against Maple Ridge Limited.
Participants
Halimeda International Ltd
Maple Ridge Limited
Far East Capital Limited S.A.
London Court of International Arbitration
1 year, 5 months and 9 days later · 525 days
- 15 July 2024Arbitration
15 July 2024Arbitration
Procedural Ruling dated 15 July 2024
London Court of International Arbitration
- Decision summary
- The tribunal refused Maple Ridge Limited's request to adjourn the October-November 2024 hearing pending documents sought in related UMC proceedings.
Participants
Halimeda International Ltd
Maple Ridge Limited
London Court of International Arbitration
3 months and 18 days later · 110 days
- 2 November 2024Arbitration
2 November 2024Arbitration
Partial Final Award dated 2 November 2024, as amended by Memorandum dated 3 December 2024
London Court of International Arbitration
- Decision summary
- The tribunal determined the debt owed by Maple Ridge Limited to Halimeda International Ltd; the 3 December 2024 memorandum formed part of the award.
Participants
Halimeda International Ltd
Maple Ridge Limited
London Court of International Arbitration
4 months and 1 day later · 121 days
- 3 March 2025Arbitration
3 March 2025Arbitration
Final Award on Costs dated 3 March 2025, as amended by Memorandum dated 27 March 2025
London Court of International Arbitration
- Decision summary
- The tribunal awarded and determined costs in favor of Halimeda International Ltd and against Maple Ridge Limited; the award was amended by the 27 March 2025 memorandum.
Participants
Halimeda International Ltd
Maple Ridge Limited
London Court of International Arbitration
1 year, 3 months and 9 days later · 466 days
- 12 June 2026Cyprus
12 June 2026Cyprus
Decision of the Limassol District Court in the case 2/2025 dated 12 June 2026
Limassol District Court
- Decision summary
- The Limassol District Court ordered recognition, registration, and enforcement of the Partial Final Award dated 2 November 2024, as amended by the 3 December 2024 memorandum. It rejected the objections and refused a stay based on the UMC proceedings.
Participants
Halimeda International Ltd
- Representative
- St. Pavlou (For: Halimeda International Ltd)
- Representative
- K. Filippidou (For: Halimeda International Ltd)
Maple Ridge Limited
- Representative
- A. Lytras (For: Maple Ridge Limited)
Limassol District Court
- Judge
- Chr. Christodoulou, P.E.D.
- 12 June 2026Cyprus
12 June 2026Cyprus
Decision of the Limassol District Court in the case 3/2025 dated 12 June 2026
Limassol District Court
- Decision summary
- The Limassol District Court ordered recognition, registration, and enforcement of the Final Award on Costs dated 3 March 2025, as amended by the 27 March 2025 memorandum. It rejected the objections and refused a stay, and awarded costs of €12,000 plus VAT to Halimeda International Ltd against Maple Ridge Limited.
Participants
Halimeda International Ltd
- Representative
- St. Pavlou (For: Halimeda International Ltd)
- Representative
- K. Filippidou (For: Halimeda International Ltd)
Maple Ridge Limited
- Representative
- A. Lytras (For: Maple Ridge Limited)
Limassol District Court
- Judge
- Chr. Christodoulou, P.E.D.