Department of Economic Policy and Development of the City of Moscow and Anr v Bankers Trust Co and Anr - Court of Appeal (Morritt V-C, Mance and Carnwath LJJ) - 25 March 2004

Practice - Judgment in arbitration application - Confidentiality - Judgment dismissing application under section 68 Arbitration Act 1996 - Whether judgment should be public or private - Whether Lawtel summary of judgment should be generally released - CPR 62.10

An arbitration was held in London under UNCITRAL rules. The arbitration took place in private, and the award was published only to the parties. Following the arbitrator's award, applications were made to the High Court by Bankers Trust Company ("Bankers Trust") and International Industrial Bank under section 68 of the Arbitration Act 1996 for the remission and setting aside of the award for serious irregularity. The hearing was conducted "in private" under CPR 62.10(3)(b), no contrary application or order having been made under CPR 62.10(1).