Kokos Jiang and Prestige Capital Holdings Ltd v. Reliance Power Netherland BV

Has it really turned negative perceptions into positive?

On 15 May 2020, the Central Jakarta District Court has refused a claim from Kokos Jiang and Prestige Capital Holdings Ltd who demanded the annulment of a SIAC arbitral award that was issued in 2015. A very pro-arbitration decision from a court in a jurisdiction that is traditionally perceived as being anti-arbitration. Is it really the case and what does it mean for award creditors?

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Key Contacts

Narendra Adiyasa

Partner, Jakarta

David Siagian

Managing Associate, Jakarta

Jelita Pandjaitan

Partner, Head of Litigation, Arbitration & Investigations, Linklaters, Singapore