Pioneer Shipping Ltd v BTP Tioxide Ltd (‘The Nema’): HL 1982
There is no fetter on the judicial discretion to refuse leave under Section 1(3)(b) to appeal against an arbitration award. Frustration of a contract is ‘not likely to be invoked to relieve contracting parties of the normal consequences of imprudent commercial bargains’. Judges: Lord Diplock Citations: [1981] 3 WLR 292, [1982] AC 724 Statutes: Arbitration … Continue reading Pioneer Shipping Ltd v BTP Tioxide Ltd (‘The Nema’): HL 1982