On 13 March 2023, the General Division of the High Court allowed an appeal from an arbitral award on a question of law, pursuant to s 49 of the Arbitration Act 2001. The question of law concerned the proper construction of the word “delivery” for the purposes of the time-bar clause in Section 67 of the BP Oil International Limited General Terms & Conditions for Sales and Purchases of Crude Oil and Petroleum Products (2015 Edition). Colin Liew acted for the successful claimant (having previously obtained permission to bring the appeal), instructed by Clyde & Co Clasis LLP.
March 22, 2023