Singapore Judge Sets Aside Award In Dispute Over Palm Oil Contracts

(July 25, 2016, 10:19 AM EDT) -- SINGAPORE — After finding that a tribunal based its award for a Singapore agricultural company on an issue that was never argued before it, a Singapore high court judge on July 13 granted a request filed by an Indian maker of edible oils to set aside an award issued against it (JVL Agro Industries Ltd. v. Agritrade International, No. [2016] SGHC 126, Singapore High).

JVL Agro Industries Limited (JVL), a company incorporated in India, makes edible oils in factories in India, which requires the basis raw...
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