Rights of third parties to enforce their claims through arbitration : [case review] Cover Image

Pravo trećih da svoja potraživanja ostvaruju u arbitražnom postupku : [prikaz presude]
Rights of third parties to enforce their claims through arbitration : [case review]

Author(s): Zoran Tasić
Subject(s): Civil Law, Maritime Law, Commercial Law
Published by: Hrvatska akademija znanosti i umjetnosti
Keywords: case review; arbitration; carter party; rights of third parties; brokerage;

Summary/Abstract: English arbitration clauses, incorporated in charterparties, normally apply strictly to the contractual parties, i.e. owner and charterer. The Contracts (Rights of Third Parties) Act, of 1999, enables a third party to a contract under which one party had promised to confer a benefit on that third party to enforce that promise direct against the promisor. That facility is of particular importance to chartering brokers and this case is the first time the Act has been before the courts. The Court has decided that Cleaves, the chartering broker, who were not a party to the charterparties, were entitled, and obliged, to enforce its claim for payment of the brokerage commission direct against the owner, though arbitration, in accordance with the arbitration clause contained in the charterparties.

  • Issue Year: 45/2006
  • Issue No: 160
  • Page Range: 169-173
  • Page Count: 5
  • Language: Croatian