Latest / Exploring Offshore Litigation
Stay the Course, Not the Arbitration
The Supreme Court of The Bahamas has recently ruled in Gabriele Volpi v Delanson Services Ltd & ors, providing a clear statement on when a court will refuse to halt an arbitration because of a pending challenge to the tribunal. Background The dispute concerned three Bahamian family trusts - the Winter, Spring and Summer Trusts (the Trusts) - which were settled for the benefit of the Volpi family by Gabriele Volpi, an Italian-Nigerian businessman with substantial interests in logistics, ports and energy. Mr Volpi's children, Matteo, Simone and Isabella, were discretionary beneficiaries. In…
The skinny
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