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International Dispute Resolution Conference Kuala Lumpur

International Dispute Resolution Conference
Kuala Lumpur
20th and 21st October 2008
Venue: Shangri-la Hotel, Kuala Lumpur

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LAW, PRACTICE AND PROCEDURE OF ARBITRATION — THE ARBITRATION ACT 2005 PERSPECTIVE cxxxvi Malayan Law Journal [2009] 2 MLJ cxxxvi

Law Pratice & Procedure of Arbitration -Act 2005
The statutory law on arbitration in Malaysia can be traced to the Arbitration Ordinance XIII of 1809, which governed what were then the British India-controlled Straits Settlements, comprising of Penang, Malacca and Singapore. It was in force for nearly 150 years before the Arbitration Act 1952 (Act 93) replaced it.

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AWARD OF INTEREST UNDER THE ARBITRATION ACT 2005

02-2009_Art_Vol-6
The payment of interest on monies paid later than it should is a normal feature of modern contractual relationships. It is highly probable that a party would suffer financial loss resulting from late payment of principal sums which could lead to a claim in arbitration either as a debt or damages. Such loss is recovered as interest.
The award of interest in arbitration has become routine. In fact, it is now rare for interest not to be awarded where an award provides for payment of monies due. The availability and rate …

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Trade Disputes Solving Mechanisms – based on talk delivered at "Operational and Commercial Aspect Of Palm Oil Trade" 10th & 11th August 2009

Trade Disputes Solving Mechanisms – Poram Course (July 2009)
The flow of goods and services in a modern economy and international trade is based on contracts agreed by the parties. Such contracts are in turn based on trust that the other party will carry out the contracts as agreed. Should a dispute arise, it is possible to take legal action against a offending party. Commercial disputes may range from small to large ones.
Although there are no statistics, it is generally accepted that a large number of disputes never get anywhere near …