Lloyd's Maritime Law Newsletter
Glencore International AG v Exter Shipping Ltd and Ors - Court of Appeal (Sir Andrew Morritt V-C, Robert Walker and Rix LJJ) - 18 April 2002
Practice - Parties to complex English litigation seeking to bring proceedings in US court at advanced stage of English litigation - Whether English court has jurisdiction to grant anti-suit injunction
Until February 1998 Metro Trading International Inc ("MTI") operated a floating storage facility off Fujairah. MTI bought
fuel oil from a variety of sources which it stored temporarily and then resold after carrying out any necessary blending,
either to vessels as bunker fuel for their own consumption, or to traders on the international oil market as cargoes of fuel
oil. In February 1998 MTI became insolvent, and a receiver was appointed.