The court was asked who would count as a ‘commercial man’ for the purposes of an arbitration agreement.
Held: The court declined to set out any general principles about who would qualify as a commercial man, but the term must be given a sensible and practical construction. The phrase was not so vague as to render the arbitration provision invalid, but was specifically chosen to be general, so that a wide field of people with commercial experience might be appointed.
Citations:
[1967] 2 Lloyds Rep 261
Jurisdiction:
England and Wales
Arbitration
Updated: 19 November 2022; Ref: scu.346207
