Albion Energy Ltd v Energy Investments Global BRL 2020 EWHC 301 Comm - 14 February 2020
Country
Year
2020
Summary
This hearing involves:
i) An application by the Claimant ("Albion") against the Defendant ("EIGL") for summary judgment for the final instalment of the purchase price of 20% of the shares in Heritage Oil Limited ("Heritage") under a sale and purchase agreement dated 31 January 2018 between Albion as seller and EIGL as buyer ("the SpA").
ii) An application by EIGL for a stay of these proceedings under s.9 of the Arbitration Act 1996, alternatively for unconditional leave to defend the proceedings, and for a stay pending the resolution of proceedings to be brought by EIGL in Jersey.
...