Interim orders: support for foreign arbitration

In Petrochemical Logistics Ltd and Another v PSB Alpha AG and Another [2020] EWHC 975 (Comm); [2020] 1 Lloyd’s Rep 645 the claimants sought a freezing injunction under section 44 of the Arbitration Act 1996 to preserve disputed assets pending the commencement of Swiss arbitration proceedings. The questions for the court were whether the criteria for the grant of an injunction were satisfied and, if so, whether it was appropriate for the English court to intervene in a Swiss arbitration.

PSB Alpha : the facts