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Extract to table / draft-application-recognition-cyprus.docx
draft-application-recognition-cyprus.docx
Parties
LOGISTICS SA
Harkness LLP
Korinthian Maritime Holdings Ltd
Oceangate Ventures Ltd
Aegean Capital Partners SA
Through Oceangate Ventures Ltd
Dnepr Shipholding Inc
Dates
Amounts
$1.2441
$135,120,060
€1.1652
€126,539,520
€620
$280
$150
Obligations
2 The seat, or legal place, of the arbitration shall be London, England
3 The Tribunal shall consist of three (3) arbitrators, to be appointed in accordance with the LCIA Rules
4 The language of the arbitration shall be English
5 The governing law of this Charter-Party, including this arbitration clause, shall be the law of England and Wales
Pursuant to Article IV(2) of the New York Convention, if the Award or the arbitration agreements are not made in an official language of the country in which recognition and enforcement is sought, the party applying for recognition and enforcement shall produce certified translations of these documents into such language
It is a final award within the meaning of Article 26 of the LCIA Rules, which provides that "the Award shall be final and binding on the parties