Lessons from Lesotho: arbitrators' powers reviewed

Baker, E.

Lessons from Lesotho: arbitrators' powers reviewed - 2004 - International Construction Law Review 21(2) April 2004, 140-152(13) .

Provides an in depth discussion on the powers of arbitrators, the currency of awards and granting of interest as outlined in "Lesotho Highlands Development Agency v Impregilo SpA" ([2003] EWCA Civ 1159, [2003] BLR 347). Explains the background to the project, the parties involved and key issues in dispute. Discusses the arbitration proceedings and the challenge to the award by L in the High Court ([2002] EWHC 2435 (Comm), [2003] BLR 98), upheld on appeal by the CA. Looks at currency and interest issues raised. References. View judgment at www.courtservice.gov.uk.


LESOTHO HIGHLANDS DEVELOPMENT AGENCY V IMPREGILO SPA
ARBITRATION ACT 1996
CURRENCIES
INTEREST
ENGLISH LAW
FIDIC RED BOOK
ICC RULES