Plea to EU over Slovakian “retaliatory measures”

Tuesday, 22 July

Slovakia acceded to the EU in 2004

Lead counsel to two North American mining companies has written to the European Commission accusing Slovakia of “outrageous retaliatory measures” in response to their recently filed ICSID claim against the state.

Singapore court addresses ‘flaw’ in FIDIC procedure

Tuesday, 22 July

The Merlion of Singapore

Singapore’s High Court has upheld an ICC tribunal’s right to give effect to an adjudication decision as an interim award – the latest ruling to address an alleged shortcoming in FIDIC’s disputes procedures.

Aussie escrow fund emptied as SIAC dispute settles

Tuesday, 22 July

Cape Lambert

An Australian miner and a Chinese state-owned metals companies have settled a SIAC dispute over an iron ore project, and asked for the release of cash deposited into an escrow fund last year by order of the arbitral tribunal.

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Volume 9 - Issue 3

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US court rules on Congo enforcement time-bar

Wednesday, 16 July

A creditor of the Republic of the Congo is not time-barred from enforcing a 14-year-old ICC award against the state as a foreign money judgment, a US appeal court has ruled.

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