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Commercial Arbitration

Georgia faces third claim over electricity tariffs

Georgia faces third claim over electricity tariffs

17 August 2017

UPDATED. Two Dutch energy companies have filed for ICSID arbitration against Georgia over electricity tariffs, adding to related commercial claims already filed at the Arbitration Institute of the Stockholm Chamber of Commerce.

US court hears challenge to SIAC "gag order"

US court hears challenge to SIAC "gag order"

16 August 2017

Japanese electronics company Sharp has asked a US court to block a SIAC emergency arbitrator's confidentiality order prohibiting public discussion of an arbitration with a Chinese licensee - which it says breaches its right to free speech under the US Constitution.

Unsunny outcome for Algerian solar power plant claimant

Unsunny outcome for Algerian solar power plant claimant

16 August 2017

An ICC International Court of Arbitration tribunal has dismissed claims worth over €100 million in relation to a terminated project to build the first integrated solar module plant in Algeria.

Indian Supreme Court halts hospital sale at behest of award creditor

Indian Supreme Court halts hospital sale at behest of award creditor

11 August 2017

Japanese drugmaker Daiichi Sankyo has persuaded the Indian Supreme Court to temporarily halt two Indian brothers' planned sale of their stake in a hospital chain, as it seeks to enforce a US$525 million ICC award against them.

Award over Ukrainian version of Forbes stands despite sanctions, US court rules

Award over Ukrainian version of Forbes stands despite sanctions, US court rules

11 August 2017

A US court has refused to set aside the award in a dispute over the Ukrainian version of Forbes magazine - denying that the New York-seated case should have been halted after the owner of the publishing rights was placed on the US sanctions list because of his ties to exiled president Viktor Yanukovych.

Israeli debtor seeks to take venue ruling to US Supreme Court

Israeli debtor seeks to take venue ruling to US Supreme Court

09 August 2017

An Israeli real estate company is to ask the US Supreme Court to rule on whether arbitrators' decisions on the venue of an international arbitration deserve greater judicial oversight.

Indian investor asks US court to enforce award annulled in Bolivia

Indian investor asks US court to enforce award annulled in Bolivia

08 August 2017

India's Jindal Steel & Power has applied to a court in Washington, DC, to confirm a US$22.5 million ICC award over an iron ore project, despite it being partially set aside at the seat of arbitration, Bolivia.

Road block in motorway deal leads to Madrid arbitration

Road block in motorway deal leads to Madrid arbitration

03 August 2017

Three shareholders in a Spanish motorway concession holder have filed for arbitration in Madrid after a touted US$1 billion acquisition of the company was blocked.

Hilton facing enforcement problems in Maldives

Hilton facing enforcement problems in Maldives

02 August 2017

US hotel group Hilton is appealing a Maldivian court's order that it pay damages to a tourism business owned by a local politician, saying it contradicts an ICC award it is trying to enforce in the state.

Chilean bridge project hangs in the balance at ICC

Chilean bridge project hangs in the balance at ICC

02 August 2017

A South Korean engineering group has won interim relief in aid of an ICC arbitration against its insolvent Brazilian partner in a Chilean project to build the largest suspension bridge in Latin America.