Judge Finds No Jurisdiction Over Chinese Businessman In $145M Award Row

(July 20, 2023, 12:31 PM EDT) -- NEW YORK — A New York federal judge granted a Chinese businessman’s motion to dismiss a Cayman Islands’ entity’s petition to confirm a Hong Kong International Arbitration Centre (HKIAC) arbitral award against him for an investment dispute worth more than $145 million, finding that the court lacks personal jurisdiction over the businessman despite his participation in defending his company from litigation in the same district court....