Legal Pipe Dreams - Law - magz.tempo.co

maaf email atau password anda salah

Arbitration

Legal Pipe Dreams

Tuesday, October 22, 2002

A district court recently annulled an arbitration decision ordering PT Krakatau Steel to pay US$1.45 million in damages to a US company. Another widely criticized bizarre legal verdict.

. tempo : 173227675924.

IN the wake of the Bali tragedy, foreign investors are weighing the risks of investing in Indonesia. Indonesian courts may be contributing to these fears. On Thursday, 10 October 2002, the South Jakarta District Court annulled an arbitration ruling ordering state-owned corporation, PT Krakatau Steel (Krakatau) to pay US$1.45 million in damages to US-based International Piping Products (IPP). The dispute was over a contract for the supply of s

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

*You Save -Rp 102.000
*Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

*Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed?
To receive daily news by Email,

More Articles

Letters

Tempo English Tuesday, October 22, 2002
Letters

Tempo English Tuesday, October 22, 2002
Letters

Tempo English Tuesday, October 22, 2002
Letters

Tempo English Tuesday, October 22, 2002

More exclusive contents

November 18, 2024
November 11, 2024
November 4, 2024
October 28, 2024

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.