SWISS BANK CORPORATION v. NOVORISSIYSK SHIPPING CO. (THE “PETR SCHMIDT”)

[1995] 1 Lloyd's Rep. 202

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Potter

Arbitration - Arbitration clause - Bill of lading - Plaintiffs alleged misdelivery of cargo - Clause in fixture confirmation telex provided “General average/Arbitration in London - English law to apply” - Construction - Whether claim to be referred to arbitration in London before single arbitrator - Whether plaintiffs entitled to relief claimed.