Insolvency And Arbitration: A Landmark Judgment In Sian Participation Corp v Halimeda International Ltd [2024] UKPC 16

Content

• Introduction
• England and Wales perspective
• Singapore perspective
• Malaysian perspective
• Hong Kong perspective
• Australian perspective
• Conclusion

Introduction

The Privy Council has considered an appeal from the Court of Appeal of the Eastern Caribbean Supreme Court, originating from the courts of the British Virgin Islands (BVI), and delivered a landmark judgment in Sian Participation Corporation (In Liquidation) v Halimeda International Ltd [2024] UKPC 16. This decision engages the competing public policy considerations of (a) ensuring insolvency proceedings can progress without undue delay; and (b) upholding parties' agreement to arbitrate disputes.