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Shipbuilding Contracts and Refund Guarantees: English High Court Clarifies the Limits of Contractual Termination Rights
In the judgement for the case SLB & Ors vs. PAK & Ors [2026] EWHC 449 (Comm) dated 2 March 2026, the Commercial Court dismissed appeals brought under section 69 of the Arbitration Act 1996 and confirmed an arbitral tribunal’s finding that a shipyard’s obligation to procure refund guarantees within a specified contractual period constituted […]
When “Can Be Settled by Arbitration” Is Not Enough: Supreme Court of India on Optional Arbitration Clauses
In a decision dated 17 April 2026, the Supreme Court of India in Special Leave Petition (Civil) No. 19026 of 2023), Nagreeka Indcon Products Pvt. Ltd. v. Cargocare Logistics (India) Pvt. Ltd., 2026 INSC 384, rendered a judgment on whether the words “can be settled by arbitration” in a bill of lading created a binding […]

