GENEL ENERGY MIRAN BINA BAWI LTD V THE KURDISTAN REGIONAL GOVERNMENT OF IRAQ

[2026] EWHC 1003 (Comm), King's Bench Division, Commercial Court, Mrs Justice Dias, 1 May 2026

Arbitration – Serious irregularity – Award of costs – Arbitration Act 1996, sections 59-63 – LCIA Rules, Article 28 – Whether parties had excluded provisions of 1996 Act – Whether need to specify individual heads of costs

By a Partial Final Award dated 2 December 2024 the LCIA Tribunal determined that KRG had validly terminated the contracts between the parties and dismissed GEMBBL's counterclaim for damages.