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Commercial Arbitration

Peru takes counsel as airport dispute threatens to take off

Peru takes counsel as airport dispute threatens to take off

21 November 2017

Peru has instructed a team from Sidley Austin as a dispute with a construction consortium over a cancelled US$525 million contract to build an airport looks likely to be submitted to ICSID arbitration.

Indian court refuses to stop SIAC dispute over power plant

Indian court refuses to stop SIAC dispute over power plant

21 November 2017

The High Court in Delhi has refused to issue an injunction to halt an over US$100 million SIAC arbitration over the development of a power plant, while finding that tribunals may pierce the corporate veil on grounds other than fraud.

Alter ego ruling appealed in Oregon

Alter ego ruling appealed in Oregon

20 November 2017

A medical information services provider is appealing a US court’s determination that an ICC tribunal erred by agreeing to hear a claim against a UAE national who was not a signatory of the arbitration agreement, on the basis that he was an alter ego of his company.

Mining claim proceeds against Burkina Faso

Mining claim proceeds against Burkina Faso

20 November 2017

A group owned by Romanian-Australian mining magnate Frank Timis is proceeding with an ICC claim against Burkina Faso over one of the world’s largest manganese mines that was first reported by GAR a year ago.

Finnish nuclear dispute approaches final round

Finnish nuclear dispute approaches final round

15 November 2017

An ICC tribunal seated in Stockholm has issued a further partial award in a €6.2 billion dispute over the building of a nuclear power reactor in Finland and is now poised to consider liability and damages for a final award.

Senegal telecoms dispute gives rise to ICC claims

Senegal telecoms dispute gives rise to ICC claims

13 November 2017

A failed deal for the sale of Senegal’s second-largest mobile operator is understood to have given rise to three ICC claims, brought by the intended seller, Luxembourg-based telecoms company Millicom International Cellular, and intended purchaser the Wari Group.

Croatia bribery award comes to light

Croatia bribery award comes to light

10 November 2017

An award rejecting Croatia’s claim that a Hungarian oil company bribed its longest-serving prime minister Ivo Sanader has come to light through a US court filing – with the tribunal branding the allegations against him implausible.

Chinese state company to proceed with steel plant claim

Chinese state company to proceed with steel plant claim

08 November 2017

An ICC sole arbitrator has agreed to hear a claim by Chinese-state owned mining company Sino Steel against an Indian iron ore group, while declining to hear a counterclaim on limitation grounds.

Korean satellite award comes to light – with Born dissent

Korean satellite award comes to light – with Born dissent

08 November 2017

CORRECTED. A Bermudan satellite operator’s partial win in an ICC dispute with a former state-owned South Korean telecommunications company has come to light through New York enforcement proceedings, along with a “conscience”-driven dissenting opinion by leading arbitrator Gary Born.

Philippines settles rail dispute with Chinese group

Philippines settles rail dispute with Chinese group

07 November 2017

UPDATED: A Chinese construction group has settled a US$106 million UNCITRAL claim against a Philippine state entity over a cancelled railway project that was being heard in Hong Kong.