Seriously irregular: High Court orders tribunal to reconsider arbitral award
By EsqSocial Corporation 28/01/21
In a rare successful challenge to an arbitration award under section 68 of the Arbitration Act 1996, the Commercial Court remitted parts of an award for reconsideration by the tribunal. The Court found that a computational error in the award - which had been admitted by the tribunal - amounted to a serious irregularity which caused or would cause substantial injustice to the applicant. Background - The case arose out of a dispute between two Russian individuals: Mr Bogatikov, owner of...
By: White & Case LLP