Arbitration Law Monthly
Enforcement of arbitration awards: third party debt orders and receivership orders
In Taurus Petroleum Ltd v State Oil Marketing Company of the Ministry of Oil, Republic of Iraq [2017] UKSC 64; [2018] 1 Lloyd’s Rep 29 the Supreme Court by a 3:2 majority ruled that the claimant was unable to enforce in England an arbitration award obtained in Baghdad, by using third party debt orders and receivership orders.
Taurus
: the facts