Consider This: Sulu Claimants (Part 3) -- International Arbitration Ruling Enforceable?

There’s been much confusion since the Financial Times reported that the successors-in-interest to the last Sultan of Sulu have seized two Luxembourg-incorporated subsidiaries of Petronas. This comes 4 months after a French arbitration court ordered Malaysia to pay US$14.9 billion the claimants to honour a deal the then-sultan...