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Judgment · jid 5021 · pdb #3577

Siberian Mining Group Limited v Keystone Global Company Limited - Reasons

FSD 0110/2013 (AJJ) · 2013-08-22

Interpretation and application of Clause 4(1)(b) of the Coal Sale and Purchase Agreement under Korean law; whether the risk of insolvency proceedings against SMG was real and present, triggering the obligation to repay the deposit; Bona fide and substantial dispute over the existence of the debt relied upon in Keystone's statutory demand; Abuse of process in presenting a winding-up petition based solely on the statutory demand

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