Udenna Corp v Pertamina International Marketing and Distribution Pte Ltd 2024 SGCA-I 9 - 27 November 2024

Country
Year

2024

Summary

The dispute between the parties originates from OA 23, which is an application by Pertamina International Marketing & Distribution Pte Ltd ("PIMD") to recognise and enforce the Final Award dated 28 November 2023 in SIAC Arb No. 084 of 2022 (the "Final Award"). In the Final Award, it was ordered that Udenna, as a third-party guarantor, was jointly and severally liable to PIMD together with P-H-O-E-N-I-X Petroleum Philippines, Inc (also known as Phoenix Petroleum Philippines, Inc) for certain sums plus interest. Udenna did not apply to set aside the Final Award within the relevant three-month period under the International Arbitration Act 1994 (2020 Rev Ed). Thereafter, PIMD commenced OA 23 on a without notice basis on 12 December 2023, and it was then granted substantively in terms vide SIC/ORC 69/2023 on 18 December 2023.

Civil Procedure - Service - Setting aside

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