Arbitral Digest

Matter

Excalibur Ventures LLC v Texas Keystone Inc and Others (ICC Arbitration 17599/VRO)

Case no.
17599/VRO
Seat
United States
Applicable rules
ICC Arbitration Rules
  1. 17 December 2010United States

    17 December 2010United States

    Request for Arbitration in ICC Arbitration 17599/VRO

    International Court of Arbitration of the International Chamber of Commerce

    Supporting details

    5 participants
    Excalibur Ventures LLC
    Texas Keystone Inc
    Gulf Keystone Petroleum Limited
    Gulf Keystone Petroleum International Limited
    Gulf Keystone Petroleum (UK) Limited
    International Court of Arbitration of the International Chamber of Commerce

    4 days later · 4 days

  2. 21 December 2010United Kingdom

    21 December 2010United Kingdom

    Judgment refusing a worldwide freezing order dated 21 December 2010

    High Court of Justice, Commercial Court

    Decision summary
    The court refused Excalibur's application for a worldwide freezing order against the defendants, finding the secured cross-undertaking inadequate, no sufficient risk of dissipation, and delay in bringing the application.

    Supporting details

    5 participants
    Excalibur Ventures LLC
    Texas Keystone Inc
    Gulf Keystone Petroleum Limited
    Gulf Keystone Petroleum International Limited
    Gulf Keystone Petroleum (UK) Limited
    High Court of Justice, Commercial Court

    3 months and 18 days later · 108 days

  3. 8 April 2011United Kingdom

    8 April 2011United Kingdom

    Order of the High Court of Justice dated 8 April 2011

    High Court of Justice, Commercial Court

    Decision summary
    The court restrained Excalibur from pursuing or assisting the ICC arbitration against the Gulf Defendants, dismissed Excalibur's application to stay the Commercial Court Proceedings, directed a trial of the preliminary issue concerning clause 14.1 of the Collaboration Agreement, and made further directions for that trial.

    Supporting details

    5 participants
    Excalibur Ventures LLC
    Texas Keystone Inc
    Gulf Keystone Petroleum Limited
    Gulf Keystone Petroleum International Limited
    Gulf Keystone Petroleum (UK) Limited
    High Court of Justice, Commercial Court

    2 months and 20 days later · 81 days

  4. 28 June 2011United Kingdom

    28 June 2011United Kingdom

    Judgment of the High Court of Justice, Commercial Court in the case 2010 Folio 1517 dated 28 June 2011

    High Court of Justice, Commercial Court

    Case no.
    2010 Folio 1517
    Citation
    [2011] EWHC 1624 (Comm)
    Decision summary
    The court restrained Excalibur, until final determination or further order, from pursuing or assisting the ICC arbitration against the Gulf Defendants. It dismissed Excalibur's application to stay the Commercial Court Proceedings, directed a trial of the preliminary issue whether the Gulf Defendants were bound by clause 14.1 of the Collaboration Agreement, and made further directions for that trial.

    Supporting details

    28 authorities · 17 participants
    Excalibur Ventures LLC
    Representative
    Simon Picken (For: Excalibur Ventures LLC)
    Representative
    Timothy Kenefick (For: Excalibur Ventures LLC)
    Representative
    Benjamin Parker (For: Excalibur Ventures LLC)
    Representative
    Clifford Chance LLP (For: Excalibur Ventures LLC)
    Texas Keystone Inc
    Representative
    Michael Crane (For: Texas Keystone Inc)
    Representative
    Tamara Oppenheimer (For: Texas Keystone Inc)
    Representative
    Jones Day (For: Texas Keystone Inc)
    Gulf Keystone Petroleum Limited
    Representative
    Jonathan Hirst (For: Gulf Keystone Petroleum Limited · Gulf Keystone Petroleum International Limited · Gulf Keystone Petroleum (UK) Limited)
    Representative
    Harry Matovu (For: Gulf Keystone Petroleum Limited · Gulf Keystone Petroleum International Limited · Gulf Keystone Petroleum (UK) Limited)
    Representative
    Richard Eschwege (For: Gulf Keystone Petroleum Limited · Gulf Keystone Petroleum International Limited · Gulf Keystone Petroleum (UK) Limited)
    Representative
    Memery Crystal LLP (For: Gulf Keystone Petroleum Limited · Gulf Keystone Petroleum International Limited · Gulf Keystone Petroleum (UK) Limited)
    Gulf Keystone Petroleum International Limited
    Representative
    Jonathan Hirst (For: Gulf Keystone Petroleum Limited · Gulf Keystone Petroleum International Limited · Gulf Keystone Petroleum (UK) Limited)
    Representative
    Harry Matovu (For: Gulf Keystone Petroleum Limited · Gulf Keystone Petroleum International Limited · Gulf Keystone Petroleum (UK) Limited)
    Representative
    Richard Eschwege (For: Gulf Keystone Petroleum Limited · Gulf Keystone Petroleum International Limited · Gulf Keystone Petroleum (UK) Limited)
    Representative
    Memery Crystal LLP (For: Gulf Keystone Petroleum Limited · Gulf Keystone Petroleum International Limited · Gulf Keystone Petroleum (UK) Limited)
    Gulf Keystone Petroleum (UK) Limited
    Representative
    Jonathan Hirst (For: Gulf Keystone Petroleum Limited · Gulf Keystone Petroleum International Limited · Gulf Keystone Petroleum (UK) Limited)
    Representative
    Harry Matovu (For: Gulf Keystone Petroleum Limited · Gulf Keystone Petroleum International Limited · Gulf Keystone Petroleum (UK) Limited)
    Representative
    Richard Eschwege (For: Gulf Keystone Petroleum Limited · Gulf Keystone Petroleum International Limited · Gulf Keystone Petroleum (UK) Limited)
    Representative
    Memery Crystal LLP (For: Gulf Keystone Petroleum Limited · Gulf Keystone Petroleum International Limited · Gulf Keystone Petroleum (UK) Limited)
    High Court of Justice, Commercial Court
    Judge
    Gloster

    Authorities cited

    28
    • United Kingdom Senior Courts Act 1981
      statute
    • United Kingdom Arbitration Act 1996
      statute
    • Council Regulation (EC) No 44/2001
      statute
    • Black Clawson International Ltd v Papierwerke Waldhof-Aschaffenberg AG
      case-law
    • Cetelem SA v Roust Holdings Ltd
      case-law
    • Weissfisch v Julius [2006] 1 Lloyd's Rep 716
      case-law
    • Elektrim SA v Vivendi Universal SA (No 2)
      case-law
    • Albon v Naza Motor Trading
      case-law
    • Claxton Engineering Services v TXM
      case-law
    • Dallah Real Estate and Tourism v Ministry of Religious Affairs of the Government of Pakistan
      case-law
    • Caparo Group Ltd v Fagor Arrasate Sociedad Cooperativa
      case-law
    • Birse Construction Ltd v St David's Ltd
      case-law
    • Al-Naimi v Islamic Press
      case-law
    • Azov Shipping Co v Baltic Shipping Co
      case-law
    • AES Ust-Kamenogorsk Hydropower Plant LLC v Ust-Kamenogorsk Hydropower Plant JSC [2011] EWCA 647
      case-law
    • Glencore International AG v Exter Shipping Ltd
      case-law
    • Anglia Oils Ltd v Owners of the Vessel Marie Champion
      case-law
    • Law Debenture Trust Corporation plc v Elektrim Finance BV
      case-law
    • Ledra Fisheries Ltd v Turner
      case-law
    • Attorney-General v Arthur Andersen & Co [1989] ECC 224
      case-law
    • Klöckner Holdings GmbH v Klöckner Beteiligungs GmbH
      case-law
    • West Tankers v Allianz SpA [2009] 1 AC 1138
      case-law
    • Youell v La Réunion Aérienne [2009] EWCA Civ 175
      case-law
    • Owusu v Jackson [2005] QB 801
      case-law
    • Kongress Agentur Hagen GmbH v Zeehage BV [1990] ECR I-1845
      case-law
    • Samengo-Turner v J&H Marsh McLennan (Services) Ltd [2007] EWCA Civ 723
      case-law
    • Katsouris Bros v Haitoglou SA
      case-law
    • El Nasharty v J Sainsbury PLC
      case-law

Matter record

Report a correction

Excalibur Ventures LLC v Texas Keystone Inc and Others (ICC Arbitration 17599/VRO) · Matter