![CL-2024-000080 - [2025] EWHC 1350 (Comm)](https://backend.juristeca.com/files/emisores/logo_WAai98v.png){kind=logo}
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Neutral Citation Number: [2025] EWHC 1350 (Comm)
Case No: CL-2024-000080
IN THE HIGH COURT OF JUSTICE
BUSINESS AND PROPERTY COURTS OF ENGLAND AND WALES
KING'S BENCH DIVISION
COMMERCIAL COURT
IN THE MATTER OF AN ARBITRATION CLAIM
Royal Courts of Justice
Rolls Building, Fetter Lane,
London, EC4A 1NL
Date: 03/06/2025
Before :
THE HONOURABLE MR JUSTICE HENSHAW
Between:
CAFI – COMMODITY & FREIGHT INTEGRATORS DMCC | Claimant |
- and - | |
GTCS TRADING DMCC | Defendant |
Benjamin Coffer (instructed by Holman Fenwick Willan LLP) for the Claimant
Angharad Parry KC (instructed by Davies Battersby Solicitors) for the Defendant
Hearing date: 12 March 2025
Draft judgment circulated to parties: 12 May 2025
Approved Judgment
.............................
Mr Justice Henshaw:
(A) INTRODUCTION 2
(B) THE TRANSACTIONS 3
(C) FIRST TIER AWARD 5
(D) APPEAL PROCEEDINGS AND AWARD 6
(E) GROUNDS OF CHALLENGE 9
(F) ANALYSIS 10
(1) Challenge 1 10
(2) Challenge 2 14
(3) Challenge 3 17
(G) CONCLUSIONS 19