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Taurus Petroleum Ltd v State Oil Company of The Ministry of Oil, Republic of Iraq: CA 28 Jul 2015

The parties had contractual disputes as to letters of credit governed by Iraqi law. The arbitration was in London applying Iraqi law. They now disputed whether the Enforcement of arbitration award was as an award made in London. Each appealed against elements of the orders made at first instance. Held: The appeals and cross appeals … Continue reading Taurus Petroleum Ltd v State Oil Company of The Ministry of Oil, Republic of Iraq: CA 28 Jul 2015

Taurus Petroleum Ltd v State Oilmarketing Company: ComC 18 Nov 2013

The parties referred their contract disputes to an arbitration in London which was to apply Iraqi law. As to enforcement of the award, the defendant denied that they were situated in London. Held: The debts were situated in London rather than New York and that SOMO was a separate entity from the state of Iraq … Continue reading Taurus Petroleum Ltd v State Oilmarketing Company: ComC 18 Nov 2013