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Cross-Border Trade Dispute: Recovering $230,000 USD and Dispute Costs via SCIA Arbitration
Case Summary Case Background & Context The Claimant, a Hong Kong-based limited company, executed a Cooperation Confirmation with the Respondent regarding outstanding trade payments. In this agreement, the Respondent formally acknowledged a debt exceeding $230,000 USD and committed to a lump-sum clearance by the end of that month. The contract explicitly stipulated a daily late […]
