ALBION ENERGY LTD v ENERGY INVESTMENTS GLOBAL BRL

[2020] Lloyd's Rep. Plus 54

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Foxton

Arbitration – Stay of proceedings – Sale and purchase agreement containing exclusive jurisdiction clause – Escrow Agreement containing arbitration clause – Whether claim under SPA governed by arbitration clause – Equitable set-off – Whether claim for mismanagement justified stay of SPA proceedings – Inherent jurisdiction to stay – Arbitration Act 1996, section 9.