Swiss Arbitration Decisions

B.________, a Singaporean businessman, and A.________, an Indonesian national, established a company. B.________ held 75% of the share capital, while A._________ held the remainder. When a corruption probe was opened against B.________, making it difficult for the mutually-held company to obtain financing, B.________ and A.________ took action. They executed two agreements – the SPA contract, where B.________ undertook to sell to A.________ his shares in the mutually-held company.