Discovery Geo Corporation v STP Energy Pte Ltd 2012 NZHC 3549 - 2013 2 NZLR - 122 2012 21 - PRNZ 381 - The High Court of New Zealand - 19 December 2012
Country
Year
2012
Summary
A petroleum exploration permit about to be transferred. Unless interim orders were made by 5.00 pm yesterday, the day of the hearing, the Minister of Energy proposed to consent to the transfer. The Minister is not a party subject to this Court’s jurisdiction. The orders sought by the applicant are directed at the proposing transferor only. They would require it to withdraw its transfer application, or request the Minister not to determine it, pending determination of an arbitration, to be conducted in London, under the International Chamber of Commerce Commercial Arbitration Rules. ICC Arbitration.