METAL SCRAP TRADE CORPORATION LTD. v. KATE SHIPPING CO. LTD. (THE “GLADYS”)
[1988] 2 Lloyd's Rep. 221
COURT OF APPEAL
Before Lord Justice Fox, Lord Justice Parker and Lord Justice Staughton
Practice - Procedure - Sale of ship - Dispute referred to arbitration - Buyers issued originating summons claiming a declaration that there was no contract and or arbitration agreement - Sellers served counterclaim - Whether counterclaim should be struck out - Whether buyers should serve reply and defence to counterclaim.