A Singapore court has enforced a DIAC award rendered under an arbitration clause specifying the now-defunct DIFC-LCIA – but only because the respondent had submitted to the tribunal’s jurisdiction.
18 March 2024
The Dutch Supreme Court has refused to reinstate a technology developer’s US$116 million award against an affiliate of Chinese social media platform Weibo that was set aside because of the lack of a valid arbitration agreement.
15 March 2024
A Disney subsidiary has filed LCIA proceedings against India’s largest listed media company after a US$1.4 billion deal for the broadcast of cricket matches collapsed.
15 March 2024
A US court has upheld UNCITRAL awards totalling US$197 million against the Peruvian municipality of Lima in two arbitrations with an Odebrecht-linked consortium over a highway concession, rejecting allegations of fraud.
13 March 2024
French utility Engie has brought a contractual arbitration against Belgium, alleging that a cap on market revenues of electricity producers violates agreements relating to two nuclear power stations.
12 March 2024
A Russian court has ordered a Czech state-owned gas transporter to halt a Prague arbitration against Gazprom’s exports arm or face a €113 million penalty.
07 March 2024
A Peruvian mining company says it has won US$42.5 million plus interest in an arbitration against a subsidiary of Singapore-based commodities trader Trafigura over the purchase of a copper and iron deposit.
06 March 2024
Debevoise & Plimpton partner Catherine Amirfar has issued a SIAC award against a Canadian pharmaceutical company, ruling in favour of a Chinese distributor in a dispute over a US$100 million licence for an anti-inflammatory drug to treat osteoarthritis pain.
06 March 2024
BP is preparing to file an arbitration worth more than US$530 million against embattled US construction group McDermott over its failure to perform a contract to install subsea pipelines for an LNG project on the maritime border of Senegal and Mauritania.
05 March 2024
A Texas-headquartered oil and gas exploration and production company says it has defeated a US$30 million ICDR claim brought over the exploration of hydrocarbons in Colombia.
04 March 2024
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