Arbitral Digest

Matter

A, B, C & D v E (High Court of Justice, Commercial Court CL-2025-000535)

An anonymised LCIA arbitration over nominee shareholdings, withdrawals and salaries, with an English High Court challenge to the award's jurisdiction and scope.

  • International commercial arbitration
  • Cross-border litigation
  • Setting aside arbitral awards
  • Jurisdiction and arbitration agreements
  • Asset tracing and recovery

Procedural record

  1. 31 October 2025Arbitration

    31 October 2025Arbitration

    Partial Final Award dated 31 October 2025

    London Court of International Arbitration

    Decision summary
    The tribunal found in E's favour on the issues described in the judgment and granted wide relief, including declarations, injunctions and orders for accounts, concerning the nominee arrangements, withdrawals and salaries.

    Participants

    E
    A
    B
    C
    D
    London Court of International Arbitration

    11 months and 12 days later · 347 days

  2. 13 October 2026United Kingdom

    13 October 2026United Kingdom

    Judgment of the High Court of Justice, Business and Property Courts of England and Wales, Commercial Court in case CL-2025-000535 dated 13 October 2026

    High Court of Justice, Business and Property Courts of England and Wales, Commercial Court

    Case no.
    CL-2025-000535
    Citation
    [2026] EWHC 2590 (BP)
    Decision summary
    The Court refused the Claimants' applications under sections 67 and 68 of the Arbitration Act 1996. It upheld the tribunal's jurisdiction under the Deed's arbitration clause, including over disputes concerning pre-Deed nominee arrangements, withdrawals and salaries, and rejected the alleged serious irregularity in the Award's definition of the Country G Entities.

    Participants

    Application
    Application under section 67 of the Arbitration Act 1996 — Refused
    Application
    Application under section 68 of the Arbitration Act 1996 — Refused
    A
    Representative
    Emma Horner (For: A · B · C · D)
    Representative
    Michelmores (For: A · B · C · D)
    B
    Representative
    Emma Horner (For: A · B · C · D)
    Representative
    Michelmores (For: A · B · C · D)
    C
    Representative
    Emma Horner (For: A · B · C · D)
    Representative
    Michelmores (For: A · B · C · D)
    D
    Representative
    Emma Horner (For: A · B · C · D)
    Representative
    Michelmores (For: A · B · C · D)
    E
    Representative
    Andrew Hunter KC (For: E)
    Representative
    Abe Chauhan (For: E)
    Representative
    Kingsley Napley (For: E)
    High Court of Justice, Business and Property Courts of England and Wales, Commercial Court
    Judge
    Nigel Cooper KC

    Authorities cited

    24
    • Arbitration Act 1996
      statute
    • Contracts (Rights of Third Parties) Act 1999
      statute
    • UNCITRAL Model Law on International Commercial Arbitration 1985
      treaty
    • Azoz Shipping Co. v Baltic Shipping Co. (No. 1) [1999] 1 All ER 476
      case law
    • Simetra Global Assets Ltd v Ikon Finance Ltd [2019] 4 WLR 112
      case law
    • The Ocean Frost [1985] 1 Lloyd's Rep 1
      case law
    • Gestmin SGPS SA v Credit Suisse (UK) Ltd [2012] EWHC 3560 (Comm)
      case law
    • Natwest Markets plc v Bilta (UK) Ltd [2021] EWCA Civ 680
      case law
    • DHL Project & Chartering Ltd v Gemini Ocean Shipping Co. Ltd [2022] EWHC 181 (Comm); [2022] EWCA Civ 1555
      case law
    • Efobi v Royal Mail Group Ltd [2021] 1 WLR 3863
      case law
    • Lesotho Highlands Development Authority v Impregila SpA [2006] 1 AC 221
      case law
    • RAV Bahamas Ltd v Therapy Beach Club Inc [2021] AC 907
      case law
    • Bulfracht (Cyprus) Ltd v Boneset Shipping Co. Ltd (The Pamphilos) [2002] 2 Lloyd's Rep. 681
      case law
    • Pittalis v Sherefettin [1986] QB 868
      case law
    • Anzen Limited v Hermes One Limited [2016] 1 WLR 4098
      case law
    • Price v HMRC [2013] UKFTT 297 (TC)
      case law
    • Zedra Trust Co. (Jersey) Ltd v THG plc [2026] 2 WLR 479
      case law
    • Unicredit Bank GmbH v RusChem Alliance LLC [2025] AC 1177
      case law
    • Canada v Dominion Sugar Co. Ltd and Canadian National (West Indies) Steamship Co. Ltd [1947] AC 46
      case law
    • Fiona Trust Holding Corpn v Privalov [2007] 4 All ER 951
      case law
    • Hyundai Merchant Marine Company Ltd v Americas Bulk Transport Ltd [2013] 2 All ER (Comm) 649
      case law
    • Fortress Value Recovery Fund LLC v Blue Skye Special Opportunities Fund LP [2013] 1 WLR 3466
      case law
    • Redfern and Hunter, International Arbitration
      academic
    • February 1996 Departmental Advisory Committee on Arbitration's Report on the Arbitration Bill
      academic

Matter record

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A, B, C & D v E (High Court of Justice, Commercial Court CL-2025-000535) · Matter