WSG Nimbus refers to the interim ruling by the High Court in Sri Lanka today that it has jurisdiction over the dispute between WSG Nimbus and the Board of Control for Cricket in Sri Lanka (‘BCCSL’).
WSG Nimbus intends to appeal the decision before the Supreme Court in Colombo on the basis, amongst others, that the Singapore International Arbitration Centre (‘SIAC’) is the exclusive forum for the resolution of disputes under the Agreement.
Furthermore WSG Nimbus confirms that the SIAC has issued a notice to the BCCSL requesting it to nominate its proposed arbitrator. BCCSL is required to make its nomination by Friday 9th November. WSG Nimbus intends to and will proceed with the arbitration before the SIAC.
WSG Nimbus reiterates that as far as it is concerned its Agreement with the BCCSL is in full force and effect and that the BCCSL’s purported termination is unlawful and of no effect and it will continue to protect its rights through arbitration in Singapore, the agreed jurisdiction under the Agreement.
For more details contact:
David Mallinson
WSG Nimbus
Tel: +852 2891 2000