Related parties involved in fraud and bribery are taught an elementary lesson: an arbitration award only binds the parties to it

Related parties involved in fraud and bribery are taught an elementary lesson: an arbitration award only binds the parties to it

In a recent judgment of the English Court of Appeal, Vale v Steinmetz [2021] EWCA Civ 1087, the Court has affirmed the “clear and considered statement of principle” that, save for limited purposes, an award between A and B has no binding effect in proceedings between...

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