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Lloyd's Law Reports

KIANTA OSAKEYHTIO v. BRITAIN & OVERSEAS TRADING COMPANY, LTD.

[1953] 2 Lloyd's Rep. 569

QUEEN'S BENCH DIVISION.

Before Mr. Justice Devlin.

Arbitration - Award - Enforcement - Breach of foreign timber contract containing arbitration clause-Compromise of dispute, further contract being entered into, together with provisions for payment of compensation by English buyers-Further contract not carried out owing to outbreak of war-No payments made by buyers under "compensation" agreement-Award by foreign arbitration tribunal in favour of sellers-Jurisdiction of arbitrators-Applicability of arbitration clause in original contract-Foreign law- Arbitration Act, 1950, Sect. 37 (1) (a), (2) (c).

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