LG Caltex Gas Co v China Petroleum Corporations
LG Caltex Gas Co v China Petroleum Corporations
- 2001
- Building Law Reports [2001] BLR 325-342(18) .
CA 15 May 2001. Appeal by appellant L against HC decision (see Abs64352) which held that as the parties had entered into an ad hoc agreement to give the arbitrator jurisdiction to decide whether there was a binding contract of sale between them and therefore this agreement precluded any challenge to the arbitrators ultimate award that there was a no sale agreement between them. The CA held that the HC had erred in finding that there had been an ad hoc agreement and that the parties had the right to challenge the arbitrator's award in accordance with the Arbitration Act 1996 s67. Appeal allowed.
LG CALTEX GAS LTD AND CONTIGROUP INC V CHINA NATIONAL PETROLEUM CORPORATION AND CHINA PETROLEUM TECHNOLOGY & DEVELOPMENT CORPORATION
MANAGEMENT-DISPUTE AVOIDANCE, MANAGEMENT AND RESOLUTION-DISPUTE MANAGEMENT AND RESOLUTION-ARBITRATION
JURISDICTION
ARBITRATION ACT 1996 S67
ARBITRATION ACT 1996 S73
CHINA
CONTRACT OF SALE
CA 15 May 2001. Appeal by appellant L against HC decision (see Abs64352) which held that as the parties had entered into an ad hoc agreement to give the arbitrator jurisdiction to decide whether there was a binding contract of sale between them and therefore this agreement precluded any challenge to the arbitrators ultimate award that there was a no sale agreement between them. The CA held that the HC had erred in finding that there had been an ad hoc agreement and that the parties had the right to challenge the arbitrator's award in accordance with the Arbitration Act 1996 s67. Appeal allowed.
LG CALTEX GAS LTD AND CONTIGROUP INC V CHINA NATIONAL PETROLEUM CORPORATION AND CHINA PETROLEUM TECHNOLOGY & DEVELOPMENT CORPORATION
MANAGEMENT-DISPUTE AVOIDANCE, MANAGEMENT AND RESOLUTION-DISPUTE MANAGEMENT AND RESOLUTION-ARBITRATION
JURISDICTION
ARBITRATION ACT 1996 S67
ARBITRATION ACT 1996 S73
CHINA
CONTRACT OF SALE