3 Mar 2014
X CHARTERING v. Y
- Citation
- X CHARTERING v. Y
- Court
- Court of First Instance
- Case number
- HCCT20/2013
The Court dismissed the respondent's application because it failed to demonstrate that it had been deprived of the opportunity to present its case or that any procedural irregularity or conflict was material to the award; the tribunal's methodology (reverse engineering to establish a market rate) fell within the arbitral process, errors of law are not a basis to refuse enforcement, and there was no evidential basis of misuse of confidential information by counsel; accordingly enforcement was upheld and costs awarded.