30 Aug 2016
AMERICAN INTERNATIONAL GROUP, INC AND ANOTHER v.. X Company
- Citation
- AMERICAN INTERNATIONAL GROUP, INC AND ANOTHER v.. X Company
- Court
- Court of First Instance
- Case number
- HCCT60/2015
Plaintiffs failed to prove that the Majority of the Tribunal consciously disregarded the parties' chosen New York law; the Award shows the Majority considered and sought to apply relevant New York authorities and, even if wrong in law, such errors do not amount to unauthorized amiable composition or excess of mandate warranting setting aside; therefore the application to set aside the Award is dismissed and costs are awarded to the Defendant on an indemnity basis with certificate for two counsel.