27 April 2017
Slovenian lawyer Ziva Filipic has been named the new managing counsel at the ICC International Court of Arbitration.
25 April 2017
The Amsterdam Court of Appeal has reinstated a US$450 million award in favour of Swiss watchmaker Swatch against US jeweller Tiffany that was set aside two years ago.
25 April 2017
Austrian oil and gas group OMV has filed a €34 million ICC claim against Romania for its alleged failure to pay environmental clean-up costs as agreed during a privatisation deal 12 years ago.
24 April 2017
Scandal-plagued Malaysian sovereign wealth fund 1MDB has agreed to settle a US$6.5 billion LCIA dispute with a United Arab Emirates investment fund against the backdrop of anti-corruption investigations in multiple jurisdictions.
21 April 2017
Amid doubt over whether they are alter egos or successors of a Swiss oil company that fell out with a US partner, PetroChina and five other Chinese state-owned companies have confirmed their consent to taking part in a planned arbitration in Texas over central African oil and gas fields that was reported by GAR last month.
19 April 2017
As El Salvador freezes the assets of a failed ICSID claimant to collect on a costs award, the state has reported a “new victory” in an unrelated arbitration over a project to extend one of the country’s largest motorways.
13 April 2017
An arbitral tribunal in San Francisco has awarded US$814.9 million to BlackBerry in a dispute over a licensing agreement after finding that the Canadian company had overpaid royalties to its US chip supplier.
11 April 2017
Mexico’s national oil company has settled a 13-year-old dispute with US engineering company KBR, ending a long-running fight over the enforcement of a US$300 million ICC award that has been set aside in Mexico and upheld in New York.
06 April 2017
A Puerto Rican court has enforced an arbitral award in favour of three subsidiaries of Swiss bank UBS, after finding that a local employees’ association had failed to produce evidence backing up its allegations of arbitrator bias and misconduct.
04 April 2017
An ICC tribunal has issued an award in a US$57 million dispute between Spanish construction group Isolux Corsán and a subsidiary of Colombia’s national oil company Ecopetrol over the construction of an ethanol production plant in Ecuador – awarding damages to both sides.