COVINGTON MARINE CORP AND OTHERS v XIAMEN SHIPBUILDING INDUSTRY CO LTD
[2006] Lloyd's Rep Plus 45
QUEEN’S BENCH DIVISION(COMMERCIAL COURT)
Before Mr Justice Langley
Arbitration –
Shipbuilding – Claims by buyers for repudiation of contracts by builders –
Builders denying that binding contracts entered into – Arbitrators ruling that
contracts automatically rescinded by reason of conditions not being met –
Buyers’ claim dismissed – Appeal under Arbitration Act 1996, section 69 –
Whether arbitrators correct.