Summary

Introduction

The Claimant challenges an LCIA arbitration award dated 9 September 2021 by which the tribunal awarded to the Defendant the sum of € 1,050,653.86 plus interest. Mr Buheiry's challenges are brought under the Arbitration Act 1996 sections 67 and 68.

VistaJet's claims in the arbitration were debt claims for instalments alleged to be due under an agreement signed in April 2014 (the 2014 Agreement). That agreement was between Mr Buheiry and a company called VistaJet Luftfarhtunternehman GmbH (VJLU). VJLU was a company within the same overall group as the Defendant, VistaJet. VistaJet was an assignee of the rights of VJLU.

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