Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

SEAWIND TANKERS CORPORATION v. BAYOIL S.A.

[1999] 1 Lloyd's Rep. 211

COURT OF APPEAL

Before Lord Justice Nourse, Lord Justice Ward and Lord Justice Mantell

Arbitration - Award - Non-payment - Winding-up petition - Dispute under charter-party referred to arbitration - Award in favour of petitioner - Non-payment by respondent - Petition to wind-up respondent - Respondent alleged it had a genuine and serious cross-claim which it had been unable to litigate in an amount exceeding amount of petitioner’s debt - Whether winding-up order should be discharged.

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