GHM Wins in Arbitration over The Chedi Chiang Mai

GHM | September 16, 2015

Chedi Chiang Mai Owner liable for damages for breach of contract SINGAPORE (Sept. 16, 2015) — GHM has obtained in its favour, a ruling by the ICC International Court of Arbitration following arbitration proceedings spanning a 20-month period over GHM's management of The Chedi Chiang Mai. On Nov. 4 2013, Pacific Hotel Chiang Mai Co. Ltd., the owners of The Chedi Chiang Mai, had wrongfully terminated GHM as manager and operator of The Chedi Chiang Mai without reasonable notice. GHM was then compelled to initiate arbitration proceedings against the owning company. In the arbitral proceedings before the ICC International Court of Arbitrat...