BULK OIL (ZUG) A.G. v. TRANS-ASIATIC OIL LTD. S.A. SAME v. SAME

[1973] 1 Lloyd's Rep. 129

QUEEN'S BENCH DIVISION

Before Mr. Justice Kerr

Arbitration - Arbitration clause - Disputes under two related agreements (oil transportation agreement and charter-party) - Arbitration clause contained in transportation agreement only - Application by plaintiffs in action on charter-party to stay issues raised in counterclaim and arising under transportation agreement - Principles on which Court's discretion should be exercised - Arbitration Act, 1950. sect. 4 (1). Contract - Arbitration clause - Disputes under two related agreements (oil transportation agreement and charter-party) - Arbitration clause contained in transportation agreement only - Application by plaintiffs in action on charter-party to stay issues raised in counterclaim and arising under transportation agreement - Principles on which Court's discretion should be exercised - Arbitration Act, 1950, sect. 4 (1).