A v B 2016 EWHC 3003 Comm - 25 November 2016
Country
Year
2016
Summary
In this arbitration claim, the Claimants, E, applied to set aside the Second Partial Award of an ICC Tribunal consisting of Dr Gavan Griffith QC, Sir Gordon Langley and Mr Ali Al Aidarous (the Tribunal) dated 29th February 2016 (the Award). By the Award, the tribunal permitted the substitution of the original Claimant, P, an Indian company, by another Indian Company, F, and delivered an Award in favour of F on the merits of the claim brought under a Long-Term Contract (LTC) between P and E for the supply of iron ore fines. The Tribunal awarded F the sum of US$39,472,800.00 plus interest reserving the question of costs.