Debts created under the Construction Contracts Act must be paid, without regard for counterclaims or set-off. Where statutory demands or bankruptcy notices are used to enforce payment of such debts, are they "final judgments" for the purposes of the Insolvency Act?
Musings of a busy mind
The High Court, in Linco Properties v Townhouse Motel, has usefully added to the jurisprudence in relation to article 8 of the Arbitration Act 1996 by holding that a refusal to pay rental arrears is not a "dispute" which would warrant a stay.
Under the Model Law, the parties are free to choose the law applicable to their dispute. The Courts have recognised three distinct aspects to which the law applies - the law of the contract (applicable to the substance of the dispute), the procedural law of the seat (the curial law) and the law applicable to the arbitration agreement (governing validity). Not all are the same.