KIANTA OSAKEYHTIO v. BRITAIN & OVERSEAS TRADING COMPANY, LTD.
[1954] 1 Lloyd's Rep. 247
COURT OF APPEAL.
Before Lord Justice Somervell, Lord Justice Morris and Lord Justice Romer.
Arbitration - Award - Enforcement - Breach of foreign timber contract containing arbitration clause - Compromise of dispute, further contract being entered into, together with provisions for payment of compensation by English buyers-Further contract not carried out owing to outbreak of war-No payments made by buyers under "compensation" agreement-Award by foreign arbitration tribunal in favour of sellers-Jurisdiction of arbitrators - Applicability of arbitration clause in original contract-Foreign law- Arbitration Act, 1950, Sect. 37 (1) (a), (2) (c).