Latest Breaking News On - Hulley enterprises - Page 5 : comparemela.com

To embed, copy and paste the code into your website or blog: In its recent decision in (1) Hulley Enterprises Limited, (2) Yukos Universal Limited, (3) Veteran Petroleum Limited v The Russian Federation, 1 the High Court concluded that where a party has challenged the jurisdiction of the court under the State Immunity Act 1978 ( the SIA ), the English courts do not have the power under s103(5) of the Arbitration Act 1996 (the Arbitration Act ) to order an adjournment of or grant security in aid of proceedings for recognition or enforcement of an arbitral award. In his judgment, Mr Justice Henshaw reaffirmed the well-established principle that state immunity is a preliminary issue, which must be decided before any other issues in the case. He clarified that any exercise of powers under s103(5) would constitute the assertion of adjudicative jurisdiction over a state in circumstances where the court has not yet determined such jurisdiction to exist.

Republic of boliviaRussian federationJustice henshawJasmine mannJustice leggattSoleh bonehYukos oilA co ltdv republicHigh court decisionDutch supreme courtEuro telecom internationalHulley enterprisesYukos universalDistrict courtYukos oil companyEnergy charter treaty