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Lloyd's Maritime and Commercial Law Quarterly

SECURITY FOR COSTS IN ICC ARBITRATION

Coppée Lavalin v. Ken-Ren Chemicals
S.A. Coppée Lavalin N.V. v. Ken-Ren Chemicals & Fertilizers Ltd.1 raised not only a specific question as to whether the court should make orders for security under the Arbitration Act 1950, s. 12(6)(a) but also the more general issue concerning the spirit in which the court should approach “the exercise of its statutory or other powers to order

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