English court grants retroactive extension of time to enable arbitral process opportunity to “correct itself” | Practical Law

English court grants retroactive extension of time to enable arbitral process opportunity to “correct itself” | Practical Law

In Xstrata Coal Queensland Pty Ltd and Others v Benxi Iron & Steel (Group) International Economic & Trading Co Ltd [2016] EWHC 2022 (Comm), the court considered an application under section 79 of the English Arbitration Act 1996 to extend the time-limit under which a party can apply to the tribunal to correct an ambiguity in the award.

English court grants retroactive extension of time to enable arbitral process opportunity to “correct itself”

by Hannah Ambrose (Professional Support Consultant) and Maximilian Szymanski (Associate) Herbert Smith Freehills LLP
Published on 10 Aug 2016 • England, Wales
In Xstrata Coal Queensland Pty Ltd and Others v Benxi Iron & Steel (Group) International Economic & Trading Co Ltd [2016] EWHC 2022 (Comm), the court considered an application under section 79 of the English Arbitration Act 1996 to extend the time-limit under which a party can apply to the tribunal to correct an ambiguity in the award.