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The Good News Is You Can Now Get Interim Measures in Bangladesh for a Foreign Arbitration. That Is Also the Bad News.

October 23, 2021

In the wake of a 2019 Supreme Court decision allowing Bangladesh courts to issue injunctions in support of foreign arbitration procedures, international commercial disputes with a Bangladesh angle might soon get a lot more complicated.

Highlights of this note

  • What happened in the case?
  • What is the dispute before the Bangladesh court?
  • Why would it be controversial for a Bangladesh court to issue interim measures?
  • What did the Supreme Court decide?
  • What happens with the bank guarantee and the PPA?
  • Some lessons learned from this decision
  • Conclusion: commercial disputes in Bangladesh are in for a rollercoaster rise