• Search

Commercial Arbitration

Sonatrach defeats ICC claim over windfall profits tax

Sonatrach defeats ICC claim over windfall profits tax

Premium article - 19 October 2016

Algeria’s national oil and gas company Sonatrach has claimed victory in a US$240 million ICC claim brought by Spain’s Repsol and its Korean partners over a tax on windfall profits.

Accidental cc triggers double arbitrator challenge in Stockholm

Accidental cc triggers double arbitrator challenge in Stockholm

Premium article - 17 October 2016

UPDATED. The respondents in a Stockholm-seated arbitration have challenged their own appointee to the tribunal along with the chair, after the former complained in an accidentally sent e-mail that their counsel were getting "above their station" and that he was "rather sick of these parties".

ICSID win for Peru leads to ICC claim

ICSID win for Peru leads to ICC claim

Premium article - 11 October 2016

A consortium led by the US’s Hunt Oil has filed an ICC claim after it was hit with additional invoices for gas supplied from one of Peru’s largest natural gas projects in the wake of an ICSID ruling last year.

SIAC study measures duration and cost of cases

SIAC study measures duration and cost of cases

Premium article - 10 October 2016

CORRECTED. A Singapore International Arbitration Centre study, based on cases filed under its old 2013 rules, shows that most cases took less than a year and cost less than US$30,000 though the average length and cost was higher.

Docomo-Tata dispute plays out in New York and London

Docomo-Tata dispute plays out in New York and London

Premium article - 07 October 2016

UPDATED. Japanese mobile phone company NTT Docomo has taken its effort to enforce a US$1.17 billion LCIA award against Tata to New York, while the Indian group has filed evidence in London to oppose an ex parte enforcement order that has already been granted.

CMS arbitrator cleared of law firm network conflict

CMS arbitrator cleared of law firm network conflict

Premium article - 04 October 2016

The independence of a sole arbitrator at CMS in Zurich was not compromised as a result of counsel work undertaken by another firm in the CMS network, a Swiss court has ruled.

Shell faces claim over Malaysian oil platform

Shell faces claim over Malaysian oil platform

Premium article - 04 October 2016

A Malaysian state-owned shipping company has filed a US$245 million arbitration claim in Kuala Lumpur against a local subsidiary of Royal Dutch Shell over the lease of a platform for one of the country’s biggest offshore oil fields.

Chevron and KBR want jetty claims jettisoned

Chevron and KBR want jetty claims jettisoned

Premium article - 27 September 2016

An Australian contractor’s claims of US$1.5 billion relating to the construction of a jetty for one of the world’s largest natural gas projects should be heard in arbitration rather than litigation, Chevron and KBR have told the US courts.

Bank of Cyprus defeats ICC insurance products claim

Bank of Cyprus defeats ICC insurance products claim

Premium article - 22 September 2016

An ICC tribunal seated in London has dismissed a €240 million claim against the Bank of Cyprus arising from a deal to sell insurance products entered by its predecessor-in-interest Laiki Bank ahead of its nationalisation and transfer of assets as part of a Cypriot bailout deal.

Jewellers duel in diamond dispute

Jewellers duel in diamond dispute

Premium article - 21 September 2016

A leading diamond retailer has applied to enforce an ad hoc award against its former business partners after an acrimonious arbitration in Israel that was disrupted by a racketeering lawsuit, a rabbinical injunction and the presiding arbitrator’s conviction for an unrelated tax fraud.