Lloyd's Maritime Law Newsletter
Marc Rich & Co. A.G. v. Societa Italiana Impianti P.A. (The Atlantic Emperor) - Q.B.D. (Com.Ct.) (Hirst J.) - 3 November 1988
Validity of English Arbitration clause challenged - Whether Brussels Jurisdiction Convention applies
The plaintiffs agreed to buy from the defendants a cargo of Iranian crude oil shipped on board the vessel
Atlantic Emperor
. The buyers alleged that the sale contract contained an English arbitration clause. The sellers contended that the arbitration
clause, although proffered by the buyers, was never accepted by the sellers.