Global Arbitration Review - Arbitration News, Features and Reviews
UPDATED Japanese technology maker Toshiba has settled a trio of ICC arbitrations with joint venture partner Western Digital and will proceed with the US$18 billion sale of its flash memory unit to a consortium led by Bain Capital.
Third-party funder Burford Capital has hired Vannin Capital senior counsel Jeffery Commission, who was previously at Freshfields Bruckhaus Deringer, as a director in Washington, DC.
Lord Steyn, who gained a reputation as a defender of liberal values in the UK’s highest court for 10 years and went on to become an arbitrator at Essex Court Chambers, has died aged 85.
Four years after GAR published his first study of damages and costs in investment treaty arbitration, Allen & Overy partner Matthew Hodgson has produced a second edition, this time with associate Alastair Campbell. The study shows tribunal approaches have become more predictable and rigorous but that party costs and damages claimed are also on the rise.
A tax-related UNCITRAL claim brought by an Israeli fertiliser company against Ethiopia is under way at the Permanent Court of Arbitration in The Hague, before an all-American tribunal chaired by International Court of Justice judge Joan Donoghue.
Former legal counsel at the United Nations Nicolas Michel is to join the Iran-United States Claims Tribunal in The Hague, where he has been unanimously elected president as successor to Belgian arbitrator Hans van Houtte.
A bill currently being debated in Peru could prevent institutions such as the ICC, ICDR and LCIA administering cases in the country as it clashes with rules allowing them to select arbitrators when the parties cannot agree, practitioners have warned.
A defunct subsidiary of French energy group Total has seen off a US$22.4 billion UNCITRAL claim brought by two Russian provinces – ending an eight-year dispute that for a time became notorious in France and gave rise to a criminal investigation targeting two of the original arbitrators.
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