UNCITRAL Model Law on International Commercial Arbitration
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Case Summary
Key Issues
{"issue_text":"Whether the arbitral award should be set aside for being contrary to public policy","issue_type":"law","dispositive":"yes","related_facts":"Award dismissed applicant's claim; applicant alleged palpable inequity"}
{"issue_text":"Whether the award countenances illegality by upholding a tax avoidance scheme","issue_type":"law","dispositive":"no","related_facts":"Respondent's evidence suggested agreement was to avoid capital gains tax"}
{"issue_text":"Whether the arbitrator failed to apply his mind to crucial issues","issue_type":"law","dispositive":"no","related_facts":"Applicant claimed arbitrator ignored key evidence and issues"}
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Facts of the Case
Background
The applicant sought to set aside an arbitral award that dismissed his claim against the second respondent, alleging the award was contrary to public policy. The dispute arose from an investment agreement where the applicant claimed he was induced by fraudulent misrepresentation to invest money that was instead used by the second respondent to purchase personal property.
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