Singapore Arbitration Defeats Kawasan Dinamika

SINGAPORE (Yosefardi) – Singapore International Arbitration Centre has awarded in favour of Equation Resources Pte. Ltd. (ERPL), a subsidiary of Equation Corp Limited, in respect of its claims against PT Kawasan Dinamika Harmonitama (KDH) arising from KDH’s...
Danone Takes Legal Action against Fonterra

Danone Takes Legal Action against Fonterra

SYDNEY (Yosefardi) – Nutrition leader Fonterra confirmed today that Danone has formally initiated legal proceedings, related to the whey protein concentrate precautionary recall initiated by Fonterra in August 2013. “Fonterra has been in ongoing commercial...
BRI Faces Rp210 Billion Default Lawsuit

BRI Faces Rp210 Billion Default Lawsuit

JAKARTA (Yosefardi) – State-owned bank PT Bank Rakyat Indonesia Tbk (BRI) is currently facing a lawsuit for default allegation in Central Jakarta District Court. The lawsuit was filed by PT Riau Agro Mandiri. The livestock producer claimed that it has suffered...