Claimant could not unilaterally withdraw notice of arbitration (UNCITRAL) | Practical Law

Claimant could not unilaterally withdraw notice of arbitration (UNCITRAL) | Practical Law

In Forminster Enterprises Limited (Cyprus) v Czech Republic (UNCITRAL, Award 15 December 2014), an UNCITRAL tribunal considered whether the claimant was entitled to unilaterally withdraw its notice of arbitration after deciding not to pursue the arbitration.

Claimant could not unilaterally withdraw notice of arbitration (UNCITRAL)

Practical Law UK Legal Update Case Report 7-597-7265 (Approx. 4 pages)

Claimant could not unilaterally withdraw notice of arbitration (UNCITRAL)

Published on 28 Jan 2015International
In Forminster Enterprises Limited (Cyprus) v Czech Republic (UNCITRAL, Award 15 December 2014), an UNCITRAL tribunal considered whether the claimant was entitled to unilaterally withdraw its notice of arbitration after deciding not to pursue the arbitration.