Arbitration & ADR

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SC refers Financial Advisors' Compensation Row Case for Arbitration

MANILA, Sept 25 (PNA) - The Supreme Court (SC) has referred for arbitration a collection suit between local and global financial advisers over payment for services rendered in the liquidation of the National Home Mortgage Finance Corporation (NHMFC)'s PHP40-billion Unified Home Lending Program (UHLP) portfolio 16 years ago.

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Kepala Pusat Laboratorium Forensik, Badan Reserse Kriminal Kepolisian RI (Kapuslabfor Bareskrim Polri) v Jos Sugiarto Mardanus

Date: 28 June 2018; Court: Supreme Court of Indonesia; Citation: SC No. 115 PK/FP/TUN/2018; Source: Supreme Court of Indonesia

Ketua Dewan Perwakilan Rakyat Daerah Kabupaten Pegunungan Bintang Provinsi Papua v Bupati Pegunungan Bintang

Date: 06 September 2018; Court: Supreme Court of Indonesia; Citation: SC No. 1 P/KHS/2018; Source: Supreme Court of Indonesia

Lurah Siwalankerto v Bawon Pudjiastuti S Sos DKK

Date: 08 May 2018; Court: Supreme Court of Indonesia; Citation: SC No. 72 PK/TUN/2018; Source: Supreme Court of Indonesia

PT Indrapura Jaya Lestari v PT Bank Rakyat Indonesia (Persero) Tbk Medan

Date: 28 June 2018; Court: Supreme Court of Indonesia; Citation: SC No. 94 PK/Pdt.Sus-Pailit/2018; Source: Supreme Court of Indonesia

Mustakim DKK v Bupati Bojonegoro

Date: 17 May 2018; Court: Supreme Court of Indonesia; Citation: SC No. 14 P/HUM/2018; Source: Supreme Court of Indonesia

La Kaffa International Co Ltd v Loob Holding Sdn Bhd and Another Appeal

Date: 27 June 2018; Court: Court of Appeal; Citation: [2018] MYCA 199; Source: Federal Court Registry

Court proposes Mediation in Tahfiz Darul Quran Ittifaqiyah Suit

KUALA LUMPUR, July 30 (Bernama) - The High Court today has proposed that family members of 10 victims of the Tahfiz Darul Quran Ittifaqiyah centre fire and three former students who filed suit against the tahfiz owner and four others, to settle the case via mediation.
Date: 30 July 2018; Type: Legal News; Source: Bernama

PT Mitra Lima R v Kepala Kantor Pertanahan Kabupaten Bogor DK

Date: 15 February 2018; Court: Supreme Court of Indonesia; Citation: SC No. 13 PK/TUN/2018; Source: Supreme Court of Indonesia

PT Pilar Mutiara Pratama v Kepala Kantor Pertanahan Kota Surabaya I DK

Date: 15 March 2018; Court: Supreme Court of Indonesia; Citation: SC No. 38 PK/TUN/2018; Source: Supreme Court of Indonesia

Yayasan Wahana Lingkungan Hidup Indonesia (WALHI) v Gubernur Aceh

Date: 08 May 2018; Court: Supreme Court of Indonesia; Citation: SC No. 92 PK/TUN/2018; Source: Supreme Court of Indonesia

Yau Lee Construction (Singapore) Pte Ltd v Far East Square Pte Ltd and Another Matter

Arbitration - Stay of court proceedings - Dispute to be referred to arbitration - Arbitration Act; Building and Construction Law - Standard form contracts - Singapore Institute of Architects standard form contracts - Validity of architect’s certificates

Date: 17 July 2018; Court: High Court; Citation: [2018] SGHCR 11; Source: Singapore Law Watch

Jacob and Toralf Consulting Sdn Bhd and 3 Others v Siemens Industry Software GmbH & Co KG

Arbitration – Arbitration award – Registration of arbitration award – Section 38 of the Arbitration Act 2005 and Order 69 Rules of Court 2012

Arbitration – Arbitration award – Meaning of “award” within the Arbitration Act 2005 – Whether an “award” means any part of the award as ...

Date: 07 June 2018; Court: Court of Appeal; Citation: [2018] MYCA 201; Source: Federal Court Registry

Leap Modulation Sdn Bhd v PCP Construction Sdn Bhd and Another Appeal

Alternative Dispute Resolution – Adjudication – Construction Industry Payment and Adjudication Act 2012

Alternative Dispute Resolution – Adjudication – Whether an adjudicator excluded from considering defences not raised in the Payment Response but raised in the Adjudication Response under section 10 of the Constr ...

Date: 03 July 2018; Court: Court of Appeal; Citation: [2018] MYCA 203; Source: Federal Court Registry

Indonesia, Finland organize High-Level Advisory Board on Mediation

Yogyakarta, June 19 (ANTARA News) - The governments of Indonesia and Finland organized the second meeting of the Secretary- General's High-Level Advisory Board on Mediation in Helsinki on Monday, the United Nations Information Center (UNIC) Jakarta said in a statement.
Date: 19 June 2018; Type: Legal News; Source: Antara

SC refers Financial Advisors' Compensation Row Case for Arbitration

MANILA, Sept 25 (PNA) - The Supreme Court (SC) has referred for arbitration a collection suit between local and global financial advisers over payment for services rendered in the liquidation of the National Home Mortgag ...

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Yau Lee Construction (Singapore) Pte Ltd v Far East Square Pte Ltd and Another Matter

Arbitration - Stay of court proceedings - Dispute to be referred to arbitration - Arbitration Act; Building and Construction Law - Standard form contracts - Singapore Institute of Architects standard form contracts - ...

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INDUSTRY UPDATES

Indonesia hands over Chairmanship of ASEAN Committee to Thailand

Jakarta, Sept 25 (ANTARA News) - Indonesian Ambassador to Kuwait, Tatang Budie Utama Razak, handed over the chairmanship of ASEAN Committee in Kuwait (ACK) for the period of January-June 2018 to ACK Chairman of the next period, Ambassador of Thailand to Kuwait, Dusit Manapan, on Sept 19.

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NLA receives Support from Labor Groups for Enactment of New Labor Protection Law

BANGKOK, Sept 26 (NNT) - Representatives of various labor groups have expressed support for the National Legislative Assembly’s enactment of a new version of the Labor Protection Act.

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House holds Marathon Budget Deliberations to meet October Deadline

MANILA, Sept 25 (PNA) - The House of Representatives is holding marathon deliberations - even extending the plenary session until the wee hours - on the proposed PHP3.757-trillion 2019 national budget to meet its approval deadline by October 12, Speaker Gloria Macapagal-Arroyo said on Tuesday.

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DOJ awaits BI Comments, Records on Fox Deportation Case

MANILA, Sept 25 (PNA) - Justice Secretary Menardo Guevarra has asked the Bureau of Immigration (BI) to file a formal comment on the petition for review of the government's deportation order against Australian missionary nun Patricia Fox.

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INDUSTRY UPDATES

IPOPHL to roll out Green Lane for Trademark Applications

MANILA, Sept 25 (PNA) - The Intellectual Property Office of the Philippines (IPOPHL) is set to roll out a ‘green lane’ for trademark applications that will slash the average processing time for registration, which currently takes about eight months to be approved.

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BSP warns Public against Frauds, Scams

LEGAZPI CITY, Sept 25 (PNA) - The Bangko Sentral ng Pilipinas (BSP) on Tuesday warned the public against frauds and scams, in the wake of the fast approaching holiday season.

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Corporate Income Tax cuts won't lead to Job Losses

MANILA, Sept 25 (PNA) - Finance Undersecretary Karl Chua said the removal of certain incentives under the proposed tax reform measure will not result in job losses.

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INDUSTRY UPDATES

Yangon Court allows Trial to resume in Celebrity Slaying

Yangon Region High Court decided on Monday to let the trial go ahead in the murder of Facebook celebrity Aung Ye Htwe and cancel the order by the district court to withdraw the case.

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Fundamental Freedoms must be aligned with International Standards - Dewan Rakyat Speaker

KUALA LUMPUR, Sept 25 (Bernama) - Parliamentarians have to ensure that the Federal Constitution and laws relating to freedom of expression, access to information and press freedom are in line with international human right standards, said Dewan Rakyat Speaker Datuk Mohamad Ariff Md Yusof.

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SME Mart to assist Entrepreneurs Market Products Overseas

SHAH ALAM, Sept 24 (Bernama) - SME Mart, an initiative introduced by Dewan Ekonomi Usahawan Malaysia (DEUM) will serve as a platform for Small and Medium Enterprise (SME) entrepreneurs to sell their products on both the local and international market.

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INDUSTRY UPDATES

SGX proposes New “trade at close” Session for Securities Market

Singapore Exchange (SGX) is seeking public feedback on the proposed introduction of a new trading session for the securities market, the “trade at close” (TAC), which will take place after the closing auction routine ends.

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PHL Officials to brief UK Investors on Opportunities in Infra, Other Sectors

A Duterte Cabinet delegation led by Finance Secretary Carlos Dominguez III will embark on a three-day mission to London this week to brief British investors on the vast business opportunities in the country’s infrastructure, energy and tourism sectors and explore ways to expand economic cooperation between the Philippines and the United Kingdom.

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DOF thanks House for Final OK of Corporate Tax Reform Bill

The Department of Finance (DOF) has thanked the House of Representatives for approving on third and final reading the bill seeking to lower the corporate income tax (CIT) and correct the convoluted incentives system for businesses, as it expressed optimism that the Senate would pass a similar measure soon enough to enable the people to reap the benefits of a fair, transparent and accountable tax system in the form of more investments and jobs.

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PH Ambassador to Bahrain participates in a Roundtable on International Labor Standards

MANAMA, Sept 24 - Philippine Ambassador to Bahrain Alfonso A. Ver participated in a roundtable discussion on various International Labor Organization’s (ILO) conventions on foreign workers with the ILO Direct Contact Mission to Bahrain on 18 September 2018.

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HK Business Seminar puts Spotlight on Investment Opportunities in PH

HONG KONG, Sept 24  - Top-level government officials reassured potential investors in Hong Kong that the Philippines under President Rodrigo Duterte is working “non-stop” to ensure that the necessary policies, fiscal measures and legal framework relating to ease of doing business and investments are in place.

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MAS outlines Enforcement Approach to deter, detect and investigate Breaches of Rules and Regulations

Singapore, Sept 24 - The Monetary Authority of Singapore (MAS) has published an Enforcement monograph to provide greater clarity and transparency into how MAS deters, detects, investigates and takes action against breaches of the rules and regulations it administers. The monograph outlines how MAS’ Enforcement Department works together with the other financial sector oversight functions in MAS to uphold Singapore’s reputation as a clean and trusted financial centre.

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International Maritime Community re-affirms Co-operation in the Straits of Malacca and Singapore

More than 180 participants from around 80 maritime administrations and organisations, as well as embassies in Singapore, attended the 11th Co-operation Forum this morning, where they reaffirmed their commitment to strengthen cooperation in the Straits of Malacca and Singapore (SOMS).

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Chartered Accountant and Lawyer among those who joined Scheme as Proxy Decision-Makers

Lawyer Haryadi Hadi, 35, decided to be a professional deputy as he has wealthy clients who are single, childless or have strained ties with their loved ones and they cannot find anyone to be their proxy decision-makers should they become mentally incapacitated.

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