UK Supreme Court, 25 October 2017, Taurus Petroleum v. State Oil Marketing Company of the Ministry of Oil (SOMO), Republic of Iraq, [2017] UKSC 64

An award rendered against SOMO was not ratified before the Iraqi Courts (seat of arbitration was in Baghdad), yet, Taurus sought to enforce the award in the UK. The Supreme Court validated the attachment of the payment that a third party owes to SOMO and appointment of a receiver as a way of award enforcement.

2018-01-14T20:31:20+00:00 October 25th, 2017|UK jurisdictions, UK Supreme Court|0 Comments

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