Legal News

Court of Appeal considers whether third parties may take the benefit of arbitration awards (Vale v Steinmetz)

Published on: 03 August 2021
Published by: LexisPSL
  • Court of Appeal considers whether third parties may take the benefit of arbitration awards (Vale v Steinmetz)
  • What are the practical implications of this case?
  • What was the background?
  • What did the court decide?
  • Case details

Article summary

Arbitration analysis: The Court of Appeal has handed down judgment in an appeal in which a novel question of law (whether a third party to an arbitration could take the benefit of findings in the arbitration award) was at the centre of the dispute. The appellants applied for summary judgment with respect to part of the claimants’ claim on the basis that an arbitral tribunal had already determined that the claimants could not pursue the same claim against another company (which had been party to the arbitration, but was not party to the English proceedings). The Court of Appeal held that an arbitration award between A and B could not have binding effect on proceedings between A and C. In any case, there was no wider principle by which a third party to an arbitration could take the benefit of the tribunal’s award. The claimants’ claim was therefore permitted to proceed to trial. Written by Mark Wassouf, barrister at 3 Verulam Buildings. or take a trial to read the full analysis.

Popular documents