House of Lords gives Arbitrators Free Rein: The Decision in Lesotho Highlands
Article from: TDM 5 (2005), in International Commercial Arbitration
Introduction
When learning about statutory interpretation, every first year law student learns that it is not just a case of careful analysis of the black letter of the law, but that it also involves other considerations such as parliament's intention and policy considerations. When next year's law students open their books on statutory interpretation, in the footnote to policy considerations, there should be a new case: Lesotho Highlands Development Authority v. Impregilo SpA and Others . In this House of Lords judgment, the court overturned a first instance and unanimous Court of ...