Pencil Hill Ltd v US Citta Di Palermo S.p.A

Arbitration – Award. The Mercantile Court held that a New York Convention arbitration award should be enforced in the courts of England and Wales in its entirety. The important public policy against enforcement of penalty clauses was not sufficient to permit refusal of enforcement. The decision of the court chosen by the parties, applying the law chosen by the parties, would be respected.

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