PCA Declines Jurisdiction Over Tobacco Packaging Arbitration Against Australia

Mealey's (December 18, 2015, 10:11 AM EST) -- THE HAGUE, The Netherlands — The Permanent Court of Arbitration (PCA) on Dec. 17 issued an award on jurisdiction, declining jurisdiction over arbitration brought by Philip Morris Asia Limited (Hong Kong) against the Commonwealth of Australia in relation to its tobacco packaging laws (Philip Morris Asia Limited [Hong Kong] v. The Commonwealth of Australia, No. 2012-12, PCA)....