In the latest instalment of the Yukos v Rosneft saga (covered previously in our 2012 Alert), the English High Court considered whether an award set aside (annulled) at the seat of arbitration can nevertheless be enforced in England, and the availability of interest on such award.
The question of whether a court should ever enforce an award that has been set aside at the seat of the arbitration has been a topic of much debate and is relevant for any company attempting to enforce in multiple jurisdictions.
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