Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

HITACHI SHIPBUILDING & ENGINEERING CO. LTD. v. VIAFIEL COMPANIA NAVIERA S.A.

[1981] 2 Lloyd's Rep. 498

COURT OF APPEAL

Before Lord Justice Donaldson and Lord Justice Ackner

Practice - Shipbuilding contract - Arbitration - Application for security for costs - Dispute between shipbuilders and buyers referred to arbitration - Shipbuilders applied for security for their costs of arbitration - Whether application should be granted - Effect of Mareva injunction granted to shipbuilders against buyers.

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