PROGAS ENERGY LTD AND OTHERS v THE ISLAMIC REPUBLIC OF PAKISTAN

[2018] 1 Lloyd's Rep. 252

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr Justice Picken

Arbitration – Claim in arbitration rejected and costs awarded against claimant – Appeal against arbitration award for serious irregularity – Application by defendant for security for the costs of the application and security for the costs award – Effect of claim being funded by litigation funders – Arbitration Act 1996, sections 68(2)(d), 70(5) and 70(6).