Latest news with #ParisCourtofAppeal
The Star
4 days ago
- Politics
- The Star
Paris court to rule on Sulu claim annulment on Dec 9
KUALA LUMPUR: The Paris Court of Appeal has reserved its decision to Dec 9 on Malaysia's application to annul the US$14.9bil final award in the arbitration case filed by individuals claiming to be heirs of the long-defunct Sultanate of Sulu. Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said ( pic ), in a statement, said the decision followed a hearing on July 7, during which the court concluded its hearing on the merits for the annulment of the final award in the case. Azalina said during the hearing that the claimants had attempted to postpone the proceedings to enable them to respond to the written opinion of the Public Prosecutor of France. However, the court dismissed the request and proceeded with the hearing. "In this context, Malaysia places its confidence in the Paris Court of Appeal's process and decision in bringing a definitive end to the so-called Sulu Claimants' illegal global enforcement efforts, similar to the positions adopted by the Spanish and Dutch courts,' Azalina said. The government has also reiterated its stance on the need for transparency in third-party litigation funding mechanisms to prevent their misuse against sovereign nations. "Malaysia at the same time continues to advance its efforts to promote a global framework that places transparency at the centre of third-party litigation funding, ensuring that a mechanism intended to promote access to justice is not misused as an instrument of lawfare against sovereign states. "International arbitration must be protected from attempts to extort sovereign states under the guise of arbitration claims,' Azalina said. She emphasised that the Madani Government remained steadfast in defending Malaysia's sovereignty and the integrity of international arbitration. Previously, eight Filipino nationals claiming to be heirs of the now-defunct Sulu Sultanate filed arbitration proceedings in Spain to demand billions of US dollars from Malaysia over issues involving Sabah. In March 2019, a court in Madrid appointed Stampa as the arbitrator for the case. On Feb 28, 2022, Stampa ruled in favour of the group and issued a final award of US$14.9bil through an unlawful arbitration process, despite his appointment having already been annulled by a Spanish court. Malaysia has since secured a series of legal victories in the case, including in November last year, when the French Supreme Court fully rejected the group's legal challenge. That historic win for Malaysia meant the original basis for the final award, which required Malaysia to pay US$14.9bil in compensation, was not recognised under French law. - Bernama
Malaysiakini
5 days ago
- Business
- Malaysiakini
Paris court to rule on Sulu claim annulment on Dec 9
The Paris Court of Appeal has reserved its decision to Dec 9 on Malaysia's application to annul the US$14.9 billion final award in the arbitration case filed by individuals claiming to be heirs of the long-defunct Sulu sultanate. Minister in the Prime Minister's Department (Law and Institutional Reform) Azalina Othman Said, in a statement, said the decision followed a hearing on July 7, during which the court concluded its hearing on the merits for the annulment of the final award in the case.
Barnama
5 days ago
- Business
- Barnama
Paris Court To Rule On Sulu Claim Annulment On Dec 9
KUALA LUMPUR, July 18 (Bernama) -- The Paris Court of Appeal has reserved its decision to Dec 9 on Malaysia's application to annul the USD14.9 billion final award in the arbitration case filed by individuals claiming to be heirs of the long-defunct Sultanate of Sulu. Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said, in a statement, said the decision followed a hearing on July 7, during which the court concluded its hearing on the merits for the annulment of the final award in the case. Azalina said during the hearing that the claimants had attempted to postpone the proceedings to enable them to respond to the written opinion of the Public Prosecutor of France. However, the court dismissed the request and proceeded with the hearing. 'In this context, Malaysia places its confidence in the Paris Court of Appeal's process and decision in bringing a definitive end to the so-called Sulu Claimants' illegal global enforcement efforts, similar to the positions adopted by the Spanish and Dutch courts,' Azalina said. The government has also reiterated its stance on the need for transparency in third-party litigation funding mechanisms to prevent their misuse against sovereign nations. 'Malaysia at the same time continues to advance its efforts to promote a global framework that places transparency at the centre of third-party litigation funding, ensuring that a mechanism intended to promote access to justice is not misused as an instrument of lawfare against sovereign states. 'International arbitration must be protected from attempts to extort sovereign states under the guise of arbitration claims,' Azalina said. She emphasised that the MADANI Government remained steadfast in defending Malaysia's sovereignty and the integrity of international arbitration.
![[UPDATED] Paris court concludes hearing on Sulu award dispute, decision expected Dec 9](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fimages%2Farticles%2FSuludispute-MS1807_NSTfield_image_socialmedia.var_1752850532.jpg&w=3840&q=100)
![[UPDATED] Paris court concludes hearing on Sulu award dispute, decision expected Dec 9](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fassets%2FNST-Logo%402x.png%3Fid%3Db37a17055cb1ffea01f5&w=48&q=75){kind=small}
New Straits Times
5 days ago
- Business
- New Straits Times
[UPDATED] Paris court concludes hearing on Sulu award dispute, decision expected Dec 9
KUALA LUMPUR: The Paris Court of Appeal has reserved its decision until Dec 9 on Malaysia's bid to annul the US$14.9 billion (RM70 billion) final award in the arbitration case filed by individuals claiming to be heirs of the defunct Sulu Sultanate. Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said, in a statement, said the court concluded its hearing on the merits for the annulment of the final award in the case. "During the hearing, the claimants attempted to postpone the proceedings to enable them to respond to the written opinion of the Public Prosecutor of France. "However, the court did not allow the motion for postponement and continued with the proceedings," she said. Azalina said Malaysia continues to place its confidence in the French judicial process and hopes the decision will bring a definitive end to what she described as illegal global enforcement attempts by the so-called Sulu claimants. The hearing comes after the French Court of Cassation on Nov 6 last year upheld a previous ruling that denied enforcement of the Partial Award, which had affirmed the arbitrator's jurisdiction in the case. Azalina said the government remains firmly committed to defending Malaysia's sovereignty, sovereign immunity, and national interests against all unlawful challenges. "Malaysia is also working to promote a global framework that places transparency at the centre of third-party litigation funding, to ensure such mechanisms are not misused as instruments of lawfare against sovereign states. "International arbitration must be protected from attempts to extort sovereign states under the guise of arbitration claims," she added. She said the government would continue to take all necessary measures to protect the integrity of international arbitration from exploitation.
New Straits Times
5 days ago
- Business
- New Straits Times
Paris court concludes hearing on Sulu award dispute, decision expected Dec 9
KUALA LUMPUR: The Paris Court of Appeal has reserved its decision until Dec 9 on Malaysia's bid to annul the US$14.9 billion (RM70 billion) final award in the arbitration case filed by individuals claiming to be heirs of the defunct Sulu Sultanate. Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said, in a statement, said the court concluded its hearing on the merits for the annulment of the final award in the case.
