Lloyd's Law Reporter
JSC "KAZAN OIL PLANT" V AVES TRADE DMCC
[2025] EWHC 2713 (Comm), King's Bench Division, Commercial Court, Mr Justice Bright, 21 October 2025
Arbitration – FOSFA Rules – Challenge to award of Appeal Board – Running of time – Whether time runs from date of award or date of notification of award – Extension of time – Arbitration Act 1996, sections 70(3) and 80(5)
The claimant, a Russian entity, agreed to sell crude sunflower oil to the defendant under a contract governed by the Rules
of Arbitration and Appeal of the Federation of Oils, Seeds and Fats Association Ltd (FOSFA).