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Lloyd's Maritime Law Newsletter

ADM Rice Inc v Corporacion Comercializadora de Granos Basicos SA and Others – QBD (Comm Ct) (Phillips J) – 21 July 2015

Practice – Committal for contempt of court – Respondent company failing to honour arbitration award – Claimant obtaining freezing order including order to disclose assets – Order served on company and directors – Whether company and directors in contempt of court – Sentence

The claimant obtained six awards in GAFTA arbitrations against the first respondent (CORCOSA), a company incorporated in Nicaragua. CORCOSA effectively turned its back on matters completely and refused to engage or substantively communicate with the claimant.

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