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Commercial Arbitration

Hong Kong court appoints receivers to “hold the ring” ahead of CIETAC case

Hong Kong court appoints receivers to “hold the ring” ahead of CIETAC case

06 July 2017

Amid a “scramble for control” of a cement producer, the Hong Kong Court of First Instance has appointed receivers over shares in a Chinese investment company ahead of a CIETAC arbitration to determine their rightful owners.

Gazprom threatens treaty claim against Ukraine

Gazprom threatens treaty claim against Ukraine

03 July 2017

Against the backdrop of a high-stakes SCC arbitration, Russian gas producer Gazprom has threatened to bring an investment treaty claim against Ukraine over attempts to enforce a €6.4 billion fine imposed by the country’s competition authority.

Old foes Salini and Morocco settle ICC battle

Old foes Salini and Morocco settle ICC battle

03 July 2017

Italian construction company Salini, which gave its name to a famous doctrine in investment arbitration after clashing with Morocco 15 years ago, has settled another dispute with the kingdom relating to payment of an ICC award.

Award against Equatorial Guinea upheld in France

Award against Equatorial Guinea upheld in France

23 June 2017

Equatorial Guinea has lost an appeal over a €132 million ICC award in favour of Orange after France’s Court of Cassation rejected arguments that tribunal chair Horacio Grigera Naón’s role in another arbitration with the French telecoms group created a justifiable doubt as to his impartiality.

Chilean hydro project gives rise to ICC case

Chilean hydro project gives rise to ICC case

23 June 2017

A subsidiary of US energy company AES has filed for ICC arbitration with a consortium led by German construction group Hochtief to resolve a dispute over a cancelled contract to build one of Chile’s largest hydroelectric projects.

Dominican state fund wins damages in power saga

Dominican state fund wins damages in power saga

22 June 2017

A fund owned by the Dominican Republic has won damages in the second of two ICC cases launched by its private partners in two electricity utilities after their executives were accused of criminal conduct five years ago.

ConocoPhillips faces claim over Senegal oil field

ConocoPhillips faces claim over Senegal oil field

20 June 2017

A newly discovered oil field off Senegal’s coast is the focus of a new ICC arbitration brought against multinational ConocoPhillips by its Australian joint venture partner.

Eni seeks to enforce Nigerian oil award

Eni seeks to enforce Nigerian oil award

20 June 2017

Italy’s Eni and its partner in two oil blocks in the Niger Delta have applied to confirm a US$573 million award against the Nigerian National Petroleum Corporation – the latest in a series of enforcement actions the state entity faces in New York.

French court sows seeds of third-party challenges

French court sows seeds of third-party challenges

15 June 2017

In a potentially ground-breaking decision, Paris’s first instance court has allowed a third party to partially challenge the enforcement of a foreign arbitration award over the production and sale of sugar beet seeds.

Georgia faces two new energy tariff claims

Georgia faces two new energy tariff claims

13 June 2017

A Russian energy company and its Georgian and Dutch subsidiaries have filed a pair of claims worth at least US$123 million against Georgia in a dispute over electricity tariffs following the country’s currency depreciation.