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United Kingdom
Leading Case
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Deutsche Schachtbau- und Tiefbohrgesellschaft mbH v Shell International Petroleum Co Ltd (Ras Al Khaimah National Oil Co)
[1990] 1 AC 295; [1988] 3 WLR 230; [1988] 2 All ER 833 (HL); [1987] 2 Lloyd's Rep 246 (CA)
Key Principle
An arbitral award founded on transnational principles (the lex mercatoria) is enforceable in England and will not be refused enforcement on public-policy grounds absent a clear breach; but enforcement may be refused where it would expose the debtor to double payment.
Area of Law
a
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