At issue was a dispute between a company in Singapore and a German company that had entered into a contract in 2004 for the delivery of a plant to manufacture dialyzes. A dispute arose between the parties and the German company subsequently resold the plant to a third party.
The case involved a license agreement basically providing that after the license expired or if it was terminated, some provisions of the contract would remain in force but that otherwise all rights and obligations of the parties would terminate.
The case involved a Share Purchase Agreement, between a company in Belize and another governed by Jordanian law, providing for LCIA arbitration in Zurich. The contract contained a clause waving any appeal against the arbitral award.
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