KUALA LUMPUR, Nov 10 (Reuters) - Malaysia said the heirs of a former sultan have withdrawn their claims over three Malaysian-owned diplomatic properties in Paris, as part of a $15 billion arbitration dispute between the two sides.
An enforcement judge in Paris on Nov. 9 "recorded the claimants' withdrawal from the proceedings they had initiated to seize the... diplomatic buildings," Malaysia's law ministry said in a statement issued late on Thursday.
But in June, a Paris court upheld the Malaysian government's challenge against enforcing a partial award.
In the statement, the law ministry said the enforcement judge also quashed an earlier order authorising that a statutory mortgage be registered on the three buildings.
The judge asked the heirs of the sultan to pay 15,000 euros ($16,008) to Malaysia as costs, in addition to the 100,000 euros ordered by a Paris Court of Appeal earlier this year, it said.
Persons:
Martin Petty
Organizations:
Malaysian, of, Paris, Thomson
Locations:
KUALA LUMPUR, Malaysia, Paris, Sulu