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08 February 2007
Issue: 7259 / Categories: Case law , Law digest
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ARBITRATION

Fiona Trust & Holding Corporation v Privalov [2007] EWCA Civ 20, [2007] All ER (D) 169 (Jan)

(i) Any jurisdiction or arbitration clause in an international commercial contract should be construed liberally. The words “arising under the contract” should cover every dispute except a dispute about whether there was ever a contract at all. Although in the past such words have sometimes been given a narrower meaning, that should no longer continue to be so.

(ii) An allegation of invalidity of a contract does not prevent the invalidity question being determined by an arbitration tribunal pursuant to the arbitration agreement. It is only if the arbitration agreement itself is directly impeached for some specific reason that the tribunal would be prevented from deciding the disputes that relate to the main contract.

Issue: 7259 / Categories: Case law , Law digest
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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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