Lloyd's Law Reporter
DESTIN TRADING INC V SAIPEM SA
[2025] EWHC 668 (Ch), Chancery Division, Andrew Lenon KC, 24 March 2025
Arbitration – Stay of proceedings – Contracts containing arbitration clauses – Contracts replaced by Settlement Agreement containing exclusive jurisdiction clause – Whether arbitration clauses superseded – Arbitration Act 1996, section 9
S and D entered into three Frame Agreements in 2012 under which D was to provide services to S. Each of the Frame Agreements provided for disputes to be resolved by ICC arbitration In London.