Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

INDIAN OIL CORPORATION LTD. v. COASTAL (BERMUDA) LTD.

[1990] 2 Lloyd's Rep. 407

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Evans

Arbitration - Award - Remission - Technical misconduct - Contract for sale of oil - Failure to complete loading within laytime - Dispute referred to arbitration - Arbitrators found in favour of buyers - Whether arbitrators guilty of technical misconduct - Whether award should be remitted. - Arbitration Act, 1950, s. 22.

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