27th November 2020
Today, the Supreme Court handed down its long-awaited judgment in the arbitration case of Halliburton v Chubb. Such is the importance of the issues raised in the case the LMAA, LCIA, ICC, CIArb and GAFTA all intervened before the Supreme Court.
The President of the LMAA, Bruce Harris, has today commented:
“We are pleased to say that the Supreme Court’s judgment accords with the LMAA’s position that the relevant test for the legal duty of disclosure should take into account the particular characteristics, circumstances, customs and practices of different fields of arbitration. The Supreme Court recognised the particular characteristics of LMAA arbitration.”
The judgment is now available online.
The Supreme Court’s short press release is available here.
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