RJ and another v HB

Arbitration – Award. The part of an arbitration award, declaring that the first claimant was the beneficial owner of the shares in a bank purchased with his or the second claimant's US$75m, was affected by serious irregularity, within s 68 of the Arbitration Act 1996. Accordingly, the Commercial Court, in allowing the claimants' application, set aside that part, together with the affected reasoning.

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