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ARBITRATION: Lady in the lake

25 November 2011  

Ben Holland assesses the impact of Excalibur v Texas Keystone Inc

It is rare for the English courts to impose an injunction preventing parties from conducting an arbitration. This is rarer still where the parties have agreed to arbitration not in London, but in New York, and where none of the parties are domiciled in England and Wales. Excalibur v Texas Keystone Inc & ors [2011] provides an interesting example of when the English courts will determine that the circumstances are sufficiently ‘exceptional’ to justify their intervention in arbitration with a foreign seat.

Additional Info

  • Case(s) Referenced:

    AES Ust-Kamenogorsk Hydropower Plant LLC v Ust-Kamenogorsk Hydroplant JSC [2011] EWCA 647

    Cetelem SA v Roust Holdings Ltd [2005] EWCA Civ 618

    Dallah Real Estate and Tourism Holding Company v The Ministry of Religious Affairs, Government of Pakistan [2010] UKSC 46

    Weissfisch v Julius [2006] EWCA Civ 218