Matter
Flex Ocean Freight Ltd. v Century Insurance Agency Limited et al (BVIHCV 2023/0262)
- 15 May 2024British Virgin Islands
15 May 2024British Virgin Islands
Decision of the Eastern Caribbean Supreme Court, High Court of Justice (Civil) in the case BVIHCV 2023/0262 dated 15 May 2024
Eastern Caribbean Supreme Court, High Court of Justice (Civil)
- Decision summary
- The court held that the insurance policy contained a valid arbitration agreement, that the insurance claim was solely arbitrable, and that the agreement was not abandoned, ambiguous, contrary to public policy, unconstitutional, or otherwise inoperative. It stayed the claim under section 18(1) of the Arbitration Act and awarded the applicants their costs, to be assessed if not agreed within 21 days.
Supporting details
15 authorities · 8 participants- Application
- Insurers' application for a stay of the court proceedings under section 18(1) of the Arbitration Act — Granted; claim stayed and costs awarded to the applicants
FLEX OCEAN FREIGHT LTD.
- Representative
- Dancia Penn K.C. (For: FLEX OCEAN FREIGHT LTD.)
- Representative
- Astra Penn (For: FLEX OCEAN FREIGHT LTD.)
- Representative
- Khyra Powell (For: FLEX OCEAN FREIGHT LTD.)
CENTURY INSURANCE AGENCY LIMITED
- Representative
- John Carrington K.C. (For: CENTURY INSURANCE AGENCY LIMITED · NAGICO INSURANCE COMPANY LIMITED)
NAGICO INSURANCE COMPANY LIMITED
- Representative
- John Carrington K.C. (For: CENTURY INSURANCE AGENCY LIMITED · NAGICO INSURANCE COMPANY LIMITED)
Eastern Caribbean Supreme Court, High Court of Justice (Civil)
- Judge
- YOUNG J