Nicholas Peacock, Dominic Kennelly and Emily Blanshard consider the arbitral award and judgment of the English High Court in Travis Coal Restructured Holdings LLC v Essar Global Fund Ltd – which suggest that summary procedures may be available to tribunals in appropriate cases – and their implications for the use of arbitration by banks and other financial institutions.
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This article has been reproduced with the kind permission of Global Arbitration Review and was first published in GAR MAGAZINE VOLUME 9 ISSUE 5.