India found liable in satellite case

Tuesday, 26 July

A takeoff last month from the Satish Dhawan Space Centre, ISRO's headquarters in Andhra Pradesh

UPDATED. A tribunal has found India liable for breaching three Mauritian investors’ treaty rights through the cancellation of a satellite telecoms deal – but partly accepted the state’s defence based on national security interests.

ICSID claim against St Lucia dismissed

Tuesday, 26 July

St Lucia's twin Pitons at sunrise

US oil company RSM’s US$200 million claim against the Caribbean state of Saint Lucia is at an end after the company failed to pay US$750,000 security for costs, as ordered by the tribunal in an ICSID first.

Natural oil dispute leads to natural justice ruling

Tuesday, 26 July

A palm farm

A dispute over palm oil has ended with a Singapore court setting aside an arbitral award for breach of natural justice – because the tribunal decided the case on the basis of collateral contract arguments it only raised 10 minutes before the end of the hearing.

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Featured Article

Eni fails to win price cut from GasTerra

Thursday, 21 July

A Hague-seated tribunal has refused to grant Italian energy group Eni a downward price revision to a long-term gas contract with GasTerra, prompting the Dutch trader to start a fresh arbitration and seize €1 billion assets owned by Eni’s Amsterdam operation.

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