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8. Nothing in this Order shall release, discharge or suspend any action, arbitration or other proceeding, or any cause of action, arbitration or other proceeding, pending or existing immediately before the operative date—
(a)by, in favour of, or against BW; or
(b)by, in favour of, or against the Company as agent for BW,
in relation to the undertaking of BW at the Port, and any such action, arbitration or other proceeding or cause of action, arbitration or other proceeding may be maintained, prosecuted or continued by or in favour of or against BW or, in the case of paragraph (b), the Company.
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