Arbitral Digest

Matter

Sian Participation Corp. (In Liquidation) v Halimeda International Limited (Eastern Caribbean Supreme Court BVIHCMAP2021/0017)

  1. 11 November 2022British Virgin Islands

    11 November 2022British Virgin Islands

    Judgment of the Eastern Caribbean Supreme Court, Court of Appeal in the case BVIHCMAP2021/0017 dated 11 November 2022

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

    Decision summary
    The Court dismissed Sian Participation Corp.'s appeal against the order appointing liquidators, affirmed the lower court's decision, refused the applications to adduce fresh evidence, and awarded appeal costs to Halimeda International Limited. It held that the arbitration objection was raised too late and that Sian had not established a genuine and substantial cross-claim or abuse of process.

    Supporting details

    23 authorities · 15 participants
    Sian Participation Corp. (In Liquidation)
    Representative
    Tom Smith KC (For: Sian Participation Corp. (In Liquidation))
    Representative
    Paul Fradley (For: Sian Participation Corp. (In Liquidation))
    Representative
    Phillip Kite (For: Sian Participation Corp. (In Liquidation))
    Representative
    Francesca Gibbons (For: Sian Participation Corp. (In Liquidation))
    Halimeda International Limited
    Representative
    Paul Lowenstein KC (For: Halimeda International Limited)
    Representative
    Rupert Hamilton (For: Halimeda International Limited)
    Representative
    Andrew Willins (For: Halimeda International Limited)
    Representative
    Tamara Cameron (For: Halimeda International Limited)
    Eastern Caribbean Supreme Court, Court of Appeal, Territory of the Virgin Islands
    Other
    Representative
    Stuart Cribb (For: The liquidators)
    Representative
    Sara Malik (For: The liquidators)

    Authorities cited

    23
    • Ladd v Marshall ([1954] 3 All ER 745)
      case-law
    • Article 30 of the LCIA Rules
      rule
    • Virgin Islands Arbitration Act, 2013 (Act No. 13 of 2013, Laws of the Virgin Islands)
      statute
    • Virgin Islands Insolvency Rules (Rule 164, S.I. No. 45 of 2005, Laws of the Virgin Islands)
      rule
    • Dufour and Others v Helenair Corporation Ltd and Others ((1996) 52 WIR 188)
      case-law
    • Jinpeng Group Limited v Peak Hotels and Resorts Limited
      case-law
    • Sparkasse Bregenz Bank AG v In the Matter of Associated Capital Corporation (BVIHCVAP2002/0010)
      case-law
    • LDX International Group LLP v Misra Ventures Ltd ([2018] EWHC 275 (Ch))
      case-law
    • C-Mobile Services Ltd v Huawei Technologies Co. Ltd (Statutory Demand) (BVIHCMAP2014/0006)
      case-law
    • Re Taylor's Industrial Flooring Ltd ((1990) BCC 44)
      case-law
    • Tweeds Garages Ltd ((1961) 1 Ch. 406)
      case-law
    • Palmers Company Law (Vol. 3, para. 15.214)
      case-law
    • In re London and Paris Banking Corporation ((1874) LR 19 Eq. 444)
      case-law
    • Mann v Goldstein ((1968) 2 All ER 769)
      case-law
    • Re Ringinfo Ltd ((2002) 1 BCLC 210)
      case-law
    • Taylor v Van Dutch Marine Holdings Ltd and others
      case-law
    • Ebbvale Ltd v Hosking ([2013] UKPC 1)
      case-law
    • In re Amalgamated Properties of Rhodesia ([1917] 2 Ch 115)
      case-law
    • Re Southard & Co Ltd ([1979] 1 WLR 1198)
      case-law
    • Re a Company ([1983] BCLC 492)
      case-law
    • Re Bayoil SA; Seawind Tankers Corp v Bayoil SA
      case-law
    • Ming Siu Hung and others v J F Ming Inc and another
      case-law
    • UNCITRAL Model Law on International Commercial Arbitration (Article 8)
      model law

Matter record

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Sian Participation Corp. (In Liquidation) v Halimeda International Limited (Eastern Caribbean Supreme Court BVIHCMAP2021/0017) · Matter