English Justice Dismisses Application To Remit ICC Award For Dow

English Justice Dismisses Application To Remit ICC Award For Dow

LONDON - An English justice on Oct. 11 denied an application to remit portions of an international arbitration award issued against it in a dispute over a joint venture agreement for petrochemical assets, finding that the award did not contain serious irregularities (Petrochemical Industries Company $(K.S.C$) v. The Dow Chemical Company, No. $(2012$) EWHC 2739 $(Comm$), England and Wales High, Comm.).

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