According to a press release, a Hong Kong-seated tribunal issued a partial award ordering SouthGobi Sands (Mongolian subsidiary of SouthGobi Resources) to return a US$11.5 million payment to First Concept, in a dispute over an agreement to supply coal which had not been performed.
HKIAC, 10 January 2018, SouthGobi Sands v. First Concept, Partial award
Ekaterina Grivnova
2018-02-18T20:57:22+00:00
January 10th, 2018|HKIAC, International awards|0 Comments
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