Privy Council upholds optional arbitration clause and finds that arbitration need not be commenced for a stay of proceedings | Practical Law

Privy Council upholds optional arbitration clause and finds that arbitration need not be commenced for a stay of proceedings | Practical Law

In Anzen v Hermes One Limited (British Virgin Islands) [2016] UKPC 1, the Judicial Committee of the Privy Council considered the validity of an optional arbitration clause and whether a stay of court proceedings under section 6(2) of the BVI Arbitration Ordinance 1976 (Cap 6) should be granted.

Privy Council upholds optional arbitration clause and finds that arbitration need not be commenced for a stay of proceedings

by Hussein Haeri and Sara-Jane Knock, Withers
Published on 26 Jan 2016 • British Virgin Islands
In Anzen v Hermes One Limited (British Virgin Islands) [2016] UKPC 1, the Judicial Committee of the Privy Council considered the validity of an optional arbitration clause and whether a stay of court proceedings under section 6(2) of the BVI Arbitration Ordinance 1976 (Cap 6) should be granted.