The Singapore Court of Appeal has rendered a final and binding decision absolving Nop Narongdej of an obligation to make a bonus payment of 525 million USD for the purchase of shares in Wind Energy Holding Group from Nopporn Suppipat’s companies on the ground that the Arbitration Tribunal’s decision was made in excess of jurisdiction. […]
The post Arbitral Tribunal’s irregular decision ordering Nop Narongdej to make substantial payments to Nopporn has been revoked by the Singapore Court of Appeal appeared first on Khaosod English.