Arbitral Digest

Matter

Qu Haiping v Window of Trade International Limited et al (Eastern Caribbean Supreme Court BVIHC (COM) 2022/0169, 29 January 2024)

Applicable rules
Arbitration Rules of Shenzhen Court of International Arbitration
  1. 29 January 2024British Virgin Islands

    29 January 2024British Virgin Islands

    Judgment of the Eastern Caribbean Supreme Court, High Court of Justice, Commercial Court in the case BVIHC (COM) 2022/0169 dated 29 January 2024

    Eastern Caribbean Supreme Court, Territory of the Virgin Islands, High Court of Justice, Commercial Court

    Decision summary
    The Court enforced the Shenzhen Court of International Arbitration award, ordered the register of members of Window of Trade International Limited to remove Wu Wei and restore Qu Haiping, and ordered Wu Wei to return the equity and assist with restoration. It rejected Wu Wei's objections concerning scope, inability to present his case, tribunal composition, and the pending PRC suspension application, and ordered costs to Qu Haiping against Wu Wei.

    Supporting details

    8 authorities · 7 participants
    Qu Haiping
    Representative
    Neil McLarnon (For: Qu Haiping)
    Window of Trade International Limited
    Wu Wei
    Representative
    John Carrington KC (For: Wu Wei)
    Trident Trust (BVI) Limited
    Eastern Caribbean Supreme Court, Territory of the Virgin Islands, High Court of Justice, Commercial Court

    Authorities cited

    8
    • BVI Arbitration Act 2013
      statute
    • Convention on the Recognition and Enforcement of Foreign Arbitral Awards 1958
      treaty
    • Cukurova Holding A.S. v Sonera Holding B.V.
      case
    • Parsons & Whittemore Overseas Co Inc v Société Générale, 508 F.2d 969 (1974)
      case
    • IPCO (Nigeria) v Nigerian National Petroleum, [2005] 2 Lloyd's Rep. 326
      case
    • Minmetals Germany GmbH v Ferco Steel Ltd, [1999] CLC 647
      case
    • Kanoria v Guinness, [2006] EWCA Civ 222
      case
    • Deutsche Schachtbau- und Tiefbohrgesellschaft mbH v R'As al-Khaimah National Oil Co., [1990] 1 AC 295
      case
  2. Date not availableArbitration

    Date not availableArbitration

    Arbitral Award of the Shenzhen Court of International Arbitration

    Decision summary
    The award ordered Wu Wei to return 100% of the equity in Window of Trade International Limited obtained through the Equity Transfer Framework Master Agreement and to assist Qu Haiping in restoring registration in Qu Haiping's name.

    Supporting details

    3 participants
    Qu Haiping
    Wu Wei
    Institution
    Arbitrator
    Lu Chao

Matter record

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Qu Haiping v Window of Trade International Limited et al (Eastern Caribbean Supreme Court BVIHC (COM) 2022/0169, 29 January 2024) · Matter