24 Mar 1997
LOUIS DREYFUS TRADING LTD t/a LOUIS DREYFUS SUGAR v. BONARICH INTERNATIONAL (GROUP) LTD
- Citation
- LOUIS DREYFUS TRADING LTD t/a LOUIS DREYFUS SUGAR v. BONARICH INTERNATIONAL (GROUP) LTD
- Court
- Court of First Instance
- Case number
- HCCL201/1996
No unequivocal admissions as to liability and quantum were established from the schedule or the December 1995 Memorandum; paragraph 5 of the Ho affirmation did not constitute a 'first statement on the substance of the dispute' for purposes of Article 8(1); therefore mandatory stay under the Model Law was granted; alternatively, on the court's inherent jurisdiction a discretionary stay would also be appropriate given the arbitration clauses, pending arbitrations and considerations of convenience, expense and avoiding inconsistent findings; summary judgment and judgment on admission were refuse…