Consider This: Sulu Claimants (Part 3) -- International Arbitration Ruling Enforceable?
  • 2 tahun lalu
There’s been much confusion since the Financial Times reported that the successors-in-interest to the last Sultan of Sulu have seized two Luxembourg-incorporated subsidiaries of Petronas. This comes 4 months after a French arbitration court ordered Malaysia to pay US$14.9 billion the claimants to honour a deal the then-sultan of Sulu signed in 1848 with a British trading company over the use of his territory -- now known as the Malaysian Territory of Sabah. Melisa Idris speaks to Sabah lawyer Roger Chin to make sense of the latest developments in this case.
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