Pearl Petroleum Co. Ltd and Others v. Kurdistan Regional Government of Iraq

Abstract

State immunity — Jurisdictional immunity — Immunity from execution — State Immunity Act 1978 — Exercise of sovereign authority — Immunity of a separate entity under Section 14(2) of Act — Extent of protection provided under Section 13(2)(a) — Consent to submit to arbitration — Waiver of immunity — Relationship between Section 14(2) and Section 13(2)(a) of Act

Arbitration — Arbitration Act 1996 — London Court of International Arbitration Rules — Ruling on interim measures — Enforcement of a peremptory order — Jurisdiction to make an order under Section 42 of Arbitration Act — Proper and expeditious conduct of the arbitration — Cause for non-compliance with an order — Restoration of the status quo ante — Justiciable within an English court — Discretion of court to make an order

Economics, trade and finance — Heads of agreement — Oil exploitation in Kurdistan region of Iraq — Disputes concerning payment — The law of England