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Global arbitration update: English High Court declines supervisory jurisdiction over Toronto-seated ICC case; Singapore remission; US mass arbitration/confidentiality; institutional and AI developments—24 October 2024

Published on: 24 October 2024

Published by a LexisNexis Arbitration expert
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Arbitration in England & Wales

High Court has no supervisory jurisdiction over Toronto-seated arbitration

The High Court, in Investcom Global Ltd v PLC Investments Ltd [2024] EWHC 2505 (Comm), refused to extend interim anti-suit and anti-enforcement injunctions aimed at restraining Liberian civil proceedings commenced in breach of an arbitration clause. This followed the ICC’s determination in the ongoing arbitration that Toronto, Canada is the seat, and the claimant lacked a good arguable case that the tribunal would overturn that finding in favour of London. As a result, the court concluded it had no jurisdiction over the defendants under CPR 62.5(1)(c) or (2A), each requiring that the seat ‘is or will be’ in England; nor was any gateway in PD6B paragraph 3.1 available...

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