DEUTSCHE SCHACHTBAU-UND TIEFBOHRGESELLSCHAFT m.b.h. v. RAS AL KHAIMAH NATIONAL OIL CO. AND SHELL INTERNATIONAL PETROLEUM CO. LTD.

[1987] 2 Lloyd's Rep. 246

COURT OF APPEAL

Before Sir John Donaldson. M.R., Lord Justice Woolf and Lord Justice Russell

Arbitration - Award - Enforcement - Mareva injunction - Plaintiffs obtained arbitration award in Switzerland - English interveners bought oil from defendants - Plaintiffs sought to satisfy award out of payments - Injunction granted freezing defendants’ assets - Whether injunction should be discharged - Whether award should be enforced - Arbitration Act, 1950, s. 26 - Arbitration Act, 1975, s. 5. Practice - Application to set aside - Defendants obtained foreign judgment - Writ issued to found counterclaim to action on award - Leave to serve writ out of jurisdiction granted - Whether application to set aside writ should be granted.