The WLR Daily case summaries
[2011] WLR (D) 235
CONTRACT— Construction— Expert determination clause— Hedge funds established with initial capital investment from bank— — Operation of hedge funds’ investment manager governed by limited liability partnership agreement with expert determination clause— — Disputes arising over withdrawal of bank’s investment in hedge funds— — Bank seeking declaration as to its financial obligation to account to investment manager — — Whether investment manager entitled to stay pending resolution of dispute by expert determination