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Arbitration weekly: English High Court on ICSID and state immunity; s 9 stay refused; Arbitration Bill evidence; notable international cases and institutional updates (1 February 2024)

Published on: 01 February 2024

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Arbitration in England & Wales

High Court—ICISD—arbitral awards v state immunity

In Border Timbers Ltd and another v Republic of Zimbabwe [2024] EWHC 58 (Comm), the English High Court concluded that Article 54(1) of the ICSID Convention does not amount to a prior written agreement to submit to jurisdiction for the purposes of section 2 of the State Immunity Act 1978 (SIA 1978). In reaching that view, the court declined to adopt a body of English and international authority suggesting the ICSID Convention constitutes a waiver of immunity. The court further decided that the enforcing court is not constrained by an ICSID tribunal’s own ruling that it had jurisdiction when considering the ‘arbitration exception’ in SIA 1978, section 9...

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