In 2016 Signature acted for a global commodities merchant in relation to a dispute concerning the financing of a mining project in Africa. The case dealt with the power of the High Court to grant urgent relief under S.44(3) Arbitration Act 1996 in circumstances where relief could be granted under the LCIA Rules 2014; allowing for the first time the restriction of the Court’s powers in such circumstances. The interpretation of Section 44(3) of The Arbitration Act in this matter has generated much academic interest across the industry.
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