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Commercial Arbitration

Funder wins contempt ruling after client absconds

Funder wins contempt ruling after client absconds

Premium article - 31 October 2016

Third-party funder Therium Capital Management has won a contempt ruling against a retired trader who fled the UK with the proceeds of a litigation it financed, as it pursues an LCIA claim to recover its fees.

Telecom Italia sees off US$15 billion claim

Telecom Italia sees off US$15 billion claim

Premium article - 28 October 2016

In one of the largest commercial arbitrations of recent times, Telecom Italia has defeated a US$15 billion ICC claim brought by former business partners in Brazil who alleged they were deceived and coerced into settling a shareholder dispute more than a decade ago.

LCIA chief shares plan for India

LCIA chief shares plan for India

Premium article - 25 October 2016

UPDATED. In a speech in Delhi, the chair of the LCIA board J William Rowley QC has set out five fundamental changes needed for India to achieve its goal of being a global hub for international arbitration, saying that a country poised for global economic leadership "simply must commit to putting in place a world standard of dispute resolution".

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.