LA PINTADA COMPANIA NAVEGACION S.A. v. THE PRESIDENT OF INDIA (THE "LA PINTADA")

[1984] 2 Lloyd's Rep. 9

HOUSE OF LORDS

Before Lord Fraser of Tullybelton, Lord Scarman, Lord Roskill, Lord Bridge of Harwich and Lord Brandon of Oakbrook

Arbitration - Award - Interest - Charterers made an "open offer" - Owners eventually accepted offer - Umpire awarded interest on demurrage and freight - Whether umpire had power to award such interest - Whether compound interest could be awarded - Whether umpire considered effect of open offer - Whether umpire should be removed.