Arbitration appeals: security

In Moondance Maritime Enterprises SA v Carbofer Maritime Trading APS [2012] EWHC 3618 (Comm) Field J considered applications under sections 70(6) and 70(7) of the Arbitration Act 1996. Those sections apply to an appeal against an award, and, respectively, empower the court to require the provision by the appellant to provide security for the respondent’s costs of the appeal and to order payment into court of the sum awarded. The judgment considers the conditions applicable to these matters.

Moondance : the facts