Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

DARDANA LTD. v. YUKOS OIL CO. PETROALLIANCE SERVICES CO. LTD. v. SAME

[2002] 2 Lloyd's Rep. 261

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before His Honour Judge Chambers, Q.C.

Arbitration - Award - Security for costs - Stay of award - Swedish arbitral award made against respondent - Application to enforce award - Award stayed until Swedish District Court had decided whether there had been jurisdiction to make award - Respondents granted security for costs - Whether Court had jurisdiction to grant security.

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