Judge Finds Singapore Arbitration Clause Does Not Apply, Remands Case

Mealey's (February 29, 2016, 2:16 PM EST) -- TACOMA, Wash. — After finding that a Singapore arbitration agreement did not apply to a dispute over a loan and ownership transfer, a Washington federal judge on Feb. 26 granted a marine logistics and support provider's motion to remand its claims to state court (Ezion Holdings Limited v. Teras Cargo Transport Pte Ltd., et al., No. 3:15-CV-05919, W.D. Wash.; 2016 U.S. Dist. LEXIS 24087).

(Opinion available. Document #05-160322-011Z.)

Loan Agreement

Ezion Holdings Limited, a Singapore marine logistics and support provider, lent Teras Cargo Transport Pte Ltd....
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