European Review of Private Law
Author:
Keywords:
Social Sciences, Law, Government & Law, 1801 Law, 4803 International and comparative law, 4804 Law in context, 4806 Private law and civil obligations
Abstract:
On 24 January 2012, the Court of Appeal for England and Wales upheld the decision by the High Court’s to grant leave for the enforcement of the arbitral award issued in favour of West Tankers against Erg and its insurers, Allianz and Generali. The conciseness of the ruling is in sharp contrast with its relevance. By allowing, in an almost matter-of-fact way, the enforceability in principle of the award, the Court of Appeal has almost certainly set in motion the next chapter in the long-running West Tankers litigation. At stake are the exact boundaries of the rule which excludes arbitration from the 'Brussels I' or 'Jurisdiction' Regulation ('JR').