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extension of timechallenging awardstime limits
Kalmneft JSC v Glencore International AG
[2001] EWHC 461 (Comm)
Key Principle
The court's discretion to extend time under section 80(5) of the Arbitration Act 1996 for a challenge to an award is governed by a multi-factor balancing exercise (the 'Kalmneft factors'), measured against the policy of speedy finality embodied in the 28-day limit.
Area of Law
General
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