UR POWER GMBH v KUOK OILS AND GRAINS PTE LTD

[2009] Lloyd's Rep Plus 79

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Gross

Arbitration - Dispute as to whether parties had entered into agreement - Jurisdiction - Substantial irregularity - Error of law - Whether obligation to open a letter of credit was a condition precedent to the making of a contract of sale - Separability of arbitration clause - Time limits for application to court under two-tier arbitration - Whether time should be extended - Arbitration Act 1996, sections 7, 30, 67, 68, 69, 70 and 80(3).