Financial Regulation International
Is enforcement of foreign arbitral awards safe against fraud?
Contax Partners Inc BVI v Kuwait Finance House (KFH-Kuwait) and Others [2024] EWHC 436 (Comm)
by Neil Newing
While the circumstances in the recent High Court decision in
Contax Partners Inc BVI v Kuwait Finance House (KFH-Kuwait) and Others [2024] EWHC 436 (Comm) are unique, this case has important wider implications. It raises a question of whether the English
civil court procedure for enforcement of foreign arbitral awards is sufficiently robust to protect an innocent party against
fraud.