Citing ‘Collusion,’ Hong Kong Court Sets Aside Order Enforcing 59M Yuan Award

(January 21, 2022, 1:24 PM EST) -- HONG KONG — A judge of the Hong Kong Court of First Instance on Dec. 29 set aside an order granting a Chinese company leave to enforce an arbitral award worth 59 million yuan against a Hong Kong company after finding the award was the product of “collusion” involving one of the Hong Kong company’s co-owners, ruling that the underlying contract was invalid and that enforcement of the award would violate public policy....

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