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LESOTHO HIGHLANDS DEVELOPMENT AUTHORITY v IMPREGILO SPA

Lloyd's Law Reports

LESOTHO HIGHLANDS DEVELOPMENT AUTHORITY v IMPREGILO SPA

[2005] 2 Lloyd's Rep. 310

HOUSE OF LORDS

Before Lord Steyn, Lord Hoffmann, Lord Phillips of Worth Matravers, Lord Scott of Foscote and Lord Rodger of Earlsferry

Arbitration - Currency of award - Scope of power of court to express award in foreign currency - Power of arbitrators to award interest where law applicable to contract restricts interest - Effect of breach of duty by arbitrators -Whether error of law or excess of powers - Arbitration Act 1996, sections 48(4), 49(3), 68(2)(b) and 69.

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