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Arbitration – Award. The claimant bought a claim challenging the jurisdiction of an arbitral tribunal, which had granted an award in favour of the defendant. He was granted a stay on the enforcement of the award until the determination of that claim (the first order). The first order was later varied. The defendant applied to discharge a paragraph in the first order and for leave, under s 66 of the Arbitration Act 1996, to enforce the award. The Commercial Court, in granting the application, ruled that it had been unnecessary and inappropriate for the court to grant the first order in its original form or as subsequently varied. There was nothing in CPR 62.18 which contemplated that temporary prohibition against enforcement of an arbitration award might be made, subject to an order for the provision of security.
Arbitration – Award. The claimant bought a claim challenging the jurisdiction of an arbitral tribunal, which had granted an award in favour of the defendant. He was granted a stay on the enforcement of the award until the determination of that claim (the first order). The first order was later varied. The defendant applied to discharge a paragraph in the first order and for leave, under s 66 of the Arbitration Act 1996, to enforce the award. The Commercial Court, in granting the application, ruled that it had been unnecessary and inappropriate for the court to grant the first order in its original form or as subsequently varied. There was nothing in CPR 62.18 which contemplated that temporary prohibition against enforcement of an arbitration award might be made, subject to an order for the provision of security.
Sam Townend KC explains the Bar Council’s efforts towards ensuring a bright future for the profession
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Louise Crush explores the key points and opportunities for tax efficiency
Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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Sam Townend KC explains the Bar Council’s efforts towards ensuring a bright future for the profession
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