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UK court blocks funding for Turkey claim

A member company of a mining and media conglomerate that was taken over by Turkish authorities after being accused of financing terrorism has been denied permission by an English court to provide funding for a planned ICSID claim.

Tribunal ready for Chilean hydro dispute

Brazilian José Emilio Nunes Pinto will chair an ICC dispute over the construction of a hydroelectric plant near the Chilean capital that has already given rise to two emergency arbitrator orders.

Mishcon hires Ashurst’s Asia practice head

After 18 years with Ashurst, the firm’s head of Asia international arbitration Ben Giaretta is set to join Mishcon de Reya in London.

Germany's counsel in Vattenfall case promoted at McDermott

McDermott Will & Emery has promoted Arne Fuchs – one of the team defending Germany against an ICSID claim brought by Swedish nuclear investor Vattenfall – to partner in Frankfurt.

  • Spain reverses confirmation of solar award in New York

    A New York court has agreed to vacate an order granting ex parte recognition of a €128 million Energy Charter Treaty award against Spain, relying on two appeal court precedents that found ICSID awards against sovereign states can only be enforced through a plenary action.

  • Pakistan fights bid to revive treaty claims as funder is revealed

    An English court has ruled that a bid to revive a pair of investment treaty claims against Pakistan worth US$640 million deserves a full hearing – as the role of a third-party funder in the dispute comes to light.

  • Has Dubai shot itself in foot again with “locals only” law?

    After the shock of last year’s penal code amendment which said arbitrators could be imprisoned for bias, delegates at GAR Live Dubai have expressed dismay at what seems like another setback for the United Arab Emirates as an arbitral hub – a new law which permits only Emirati lawyers to acts in cases seated in the country.

Editor's picks

Total defeats US$22 billion claim

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.

Ecuador bribery scheme laid bare in Florida award

Details of a bribery scheme allegedly implicating Ecuador’s vice president and a former energy minister have come to light thanks to an ICDR award that is now the subject of enforcement proceedings in Florida.

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