LMAA reports on OBO Venture

In Mira Oil Resources v Bocimar NV (The Obo Venture ) [1999] 2 Lloyd’s Rep 101, Coleman J preferred the dissenting reasons of Simon Crookenden QC to the majority reasons of two very experienced maritime arbitrators (M Hamsher and A J Kazantzis) holding, as Rix J had to under section 69(3)(c)(i) of the 1996 Arbitration Act when granting leave to appeal, that the majority decision was ‘obviously wrong’.