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HKIAC Orders Chinese Subsidiaries To Pay $931,440 In Costs After Dismissal

(September 16, 2015, 10:54 AM EDT) -- HONG KONG — A U.K. company on Sept. 14 announced that a Hong Kong arbitration tribunal has awarded it costs and fees incurred in arbitration filed by Chinese entities in relation to a dispute over emissions reduction purchase agreements after the recent dismissal of all claims against it.

Trading Emissions PLC (TEP) of the Isle of Man announced in a regulatory filing that a tribunal for the Hong Kong International Arbitration Centre (HKIAC) issued an award in relation to claims asserted against it by subsidiaries of...
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