An UNCITRAL tribunal has ordered Belize to pay US$171 million for nationalising a telecoms company, in a case that was halted for four years owing to a Belizean court injunction and more recently has been uncontested because of a settlement.
As East Timor and Australia express “optimism” at the prospects of resolving their maritime boundary dispute through conciliation, a separate fight between the two states over pipeline taxes is getting underway at the Permanent Court of Arbitration in The Hague.
An ad hoc committee considering whether to annul two ICSID awards against Zimbabwe over its “racially discriminatory” land reform programme has said it will not bar discussion of the merits of the annulment request in a hearing on whether to stay enforcement.
Lucas Bastin, a former associate at Latham & Watkins who moved to the bar, is to join Essex Court Chambers in London.
Algeria’s national oil and gas company Sonatrach has claimed victory in a US$240 million ICC claim brought by Spain’s Repsol and its Korean partners over a tax on windfall profits.
EXCLUSIVE: After more than three years at Volterra Fietta, investment and trade law specialist Patricio Grané is to return to the London office of his former firm, Arnold & Porter.
A Dutch company has withdrawn a US$1.2 billion Energy Charter Treaty claim against Russia over loans made to Yukos – one of a second wave of arbitrations to arise out of the oil giant's collapse that have been taking place in The Hague.
LINK ADDED. While Croatia is declining to play any further part in a boundary dispute with Slovenia that was thrown off course by an arbitrator's ex parte communications with one side, an employee of the country's Ministry of Foreign and European Affairs has shared his views of the recent partial award issued by a recomposed tribunal.
Regional analysis from arbitrators around the globe, focussing on key developments in specific industry areas and jurisdictions.
Norton Rose Fulbright
Sébastien Besson, William McAuliffe and Antonio Rigozzi
A tool for arbitrators and counsel to better manage their daily workflow. Know how provides unique insight and analysis on different areas of arbitration, via q&a across multiple jurisdictions.
René Cadieux and Tina Cicchetti
Martin Magál and Michal Porubsky
Allen & Overy Bratislava, s.r.o.