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ARTICLE · 30 OCTOBER 2024

Arbitration On The Transfer Of Arbitration Agreements

This case study analyzes an arbitration case in Vietnam concerning the transfer of arbitration agreements in the context of subrogation rights.

VietnamLitigation, Mediation & Arbitration
Herman, Henry & Dominic
Herman, Henry & Dominic
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This case study analyzes an arbitration case in Vietnam concerning the transfer of arbitration agreements in the context of subrogation rights. It examines whether an insurance company, having acquired the right to claim damages from an insured party, can compel arbitration based on the original contract's arbitration clause, even without a direct agreement with the respondent.

Resource: https://www.viac.vn/thu-tuc-trong-tai/086-%7C-chuyen-giao-quyen-yeu-cau-keo-theo-chuyen-giaothoa-thuan-trong-tai-a229.html

Facts

Company S (Lender) lent molds to Company D (Borrower) under a loan agreement, which included an arbitration clause stipulating that disputes would be resolved through the Vietnam International Arbitration Centre (VIAC). A fire damaged the molds. Company S transferred its right to claim compensation for the damages from Company D to Insurance Company V under a transfer agreement. Subsequently, Insurance Company V filed a claim in arbitration against

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