Richco International Ltd. v. International Industrial Food Co. SAL - Q.B.D. (Com.Ct.) (Hirst J.) - 4 July 1988

Arbitration - Fund in dispute - Order to secure by payment of fund into court - Whether court can make debarring order to ensure effective compliance with order

By a contract on GAFTA 64 terms, including normal GAFTA arbitration, the plaintiff sellers sold to the defendant buyers a quantity of wheat f.o.b. payment against documents, destination Syrian Ports. The cargo was loaded on board the vessel on 29 March 1988.