Shareholder disputes normally fall within two categories. The first is where a shareholder is outvoted by a majority which is acting against the interest of the company. The second is where a rogue director is “on a frolic of their own”; that is, they are acting for their own benefit or that of third parties. In … Continue reading Don’t air your shareholders’ dirty laundry
The enforcement of international arbitration awards that have been set aside or annulled at the seat of arbitration has always been a contentious subject. Primarily it is the New York Convention 1958 that applies. Other provisions may be applicable on a case-by-case basis, such as Article IX of the European Convention on International Arbitration 1961.
The calling of a snap general election to take place on 8 June has raised any number of issues, not least of which is Brexit. Will our Brexit be hard or soft? Will our Brexit menu (as recently indicated in one major party’s manifesto) include an option not to Brexit at all?
In light of the recent decision of Mr Justice Marcus Smith in Microsoft Mobile OY (Ltd) v Sony Europe Limited and others, the “one stop shop” approach to arbitration clauses may now be relied on in relation to claims pleaded only in tort if a related contractual claim would have been pleadable. If that is … Continue reading Staying competition claims: a consideration of Microsoft v Sony
Whatever your opinion on the ethical implications of third party funding in international arbitration, the past six months have seen two firm nods in its favour. These have signaled that, as a method of financing arbitration, it is here to stay.
The question Can a successful claimant recover the costs of a funding agreement from the defendant? No in litigation but yes in arbitration, according to the Commercial Court in Essar Oilfields Services Limited v Norscot Rig Management PVT Limited. This decision has sent shockwaves through the arbitration community.
Section 1(c) of the Arbitration Act 1996 (AA 1996) makes clear that in matters governed by Part I of the AA 1996, “the court should not intervene” except to the extent provided in the AA 1996 itself.
In the recent case of Barrier Ltd v Redhall Marine Ltd the court re-visited the rules for deciding whether or not an arbitration clause had been incorporated into the contract, and how the rules differ when you are trying to incorporate a term from a different contract altogether.
Finding the framework A great attraction of arbitration is that parties have the choice not to litigate their disputes under the document disclosure/production regimes of a particular domestic court. Instead, they can agree (or empower an arbitrator to select) the process. In contrast to processes they are used to, the regime chosen might be narrower … Continue reading Disclosure and production in arbitration: finding the right framework