28 March 2017
A Singaporean court has ruled that consolidated ICC proceedings between Canadian and South Korean food retailers must continue while the company challenges the tribunal’s jurisdiction in court – finding there were no special circumstances to justify a stay of the arbitration.
24 March 2017
Ontario has passed a new international commercial arbitration act to bring the province’s arbitration regime in line with international standards and provide greater clarity on certain matters.
24 March 2017
An Australian uranium production company looks set to bring a SIAC claim against the Hong Kong subsidiary of the China National Nuclear Corporation after the state-owned entity began taking steps to acquire its stake in a mine in Namibia.
22 March 2017
A United Arab Emirates sovereign wealth fund that lost a US$2 billion ICDR claim against Citigroup over alleged mismanagement during the 2008 global financial crisis says it does not intend to challenge the now public award.
22 March 2017
After four years of resistance, PetroChina and five other Chinese state-owned companies have said they will submit to arbitration with a Texas energy investments company in a dispute over oil and gas fields in Chad, potentially ending a five-year row in the US courts.
21 March 2017
A California district court has reaffirmed its decision to stay a US$1.5 billion litigation against Chevron over the construction of a jetty for a liquefied natural gas project in Western Australia, pending the outcome of an arbitration.
14 March 2017
An English court has refused to set aside an ICC award won by an Afghan contractor against a US engineering firm in a dispute over the construction of a power station near Kabul’s international airport.
13 March 2017
Two years after winning a DIAC award in a dispute over the construction of a Dubai racecourse that gave rise to a liability suit against the arbitrators, a Malaysian company and its joint venture partner are facing a fresh claim from a Chinese subcontractor in the same project.
06 March 2017
Citigroup appears to have prevailed in the second of two multibillion-dollar arbitrations with a United Arab Emirates sovereign wealth fund but its petition to confirm the award in New York has been placed under seal.
02 March 2017
A US appeals court has upheld the enforcement of a US$455 million ICC award against a Dow Chemical subsidiary for breach of a patent licence agreement with a German producer of herbicide to kill off highly resistant "superweeds".
28 February 2017
Japanese mobile phone operator NTT Docomo and India’s Tata Sons have entered into a settlement deal to facilitate payment of a US$1.18 billion LCIA award in Docomo’s favour, ending the parties’ enforcement battles in Delhi, New York and London.
20 February 2017
A week after winning €401 million against Italy’s Enel, a Romanian state entity has won part of its counterclaim against an arm of German energy group E.ON, in the latest phase of another major arbitration to arise out of privatisations in Romania’s electricity market.