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Commercial Arbitration

DIS claim goes down the tubes

DIS claim goes down the tubes

30 May 2017

A tribunal at the German Institution of Arbitration (DIS) has rejected the bulk of a €150 million claim over the supply of tubing for a Finnish nuclear power plant that is also at the centre of a multibillion-euro ICC case.

What do Russia’s arbitration reforms mean for M&A deals?

What do Russia’s arbitration reforms mean for M&A deals?

30 May 2017

Freshfields Bruckhaus Deringer’s Alexey Yadykin, Noah Rubins and Olesya Dianova consider the significant consequences that Russia’s new arbitration legislation will have for Russian M&A deals.

BlackBerry settles billion-dollar fight over royalties

BlackBerry settles billion-dollar fight over royalties

30 May 2017

US chipmaker Qualcomm has agreed to pay US$940 million to Canadian smartphone producer BlackBerry to settle a dispute over royalties that led to a JAMS arbitration in San Diego.

Indonesian company wins dispute over oil field joint venture

Indonesian company wins dispute over oil field joint venture

26 May 2017

Indonesian company MedcoEnergi has won a US$24 million UNCITRAL award in a dispute with Singaporean and Australian partners in a joint venture to operate an offshore oil field.

Ukraine’s Privatbank faces multiple claims over bail-in

Ukraine’s Privatbank faces multiple claims over bail-in

18 May 2017

Noteholders in recently nationalised Ukrainian bank Privatbank are filing multiple claims against the bank after they were subjected to a “bail-in” to save it last year.

Asymmetric disputes clause upheld in Singapore

Asymmetric disputes clause upheld in Singapore

17 May 2017

The Singapore Court of Appeal has confirmed the validity of an asymmetric arbitration clause, upholding a party’s unilateral right not to arbitrate a dispute over marine engineering works near the Indian Ocean Island of Diego Garcia.

Shareholders’ dispute bubbles up in Australia

Shareholders’ dispute bubbles up in Australia

11 May 2017

An Australian court has ruled that a dispute between shareholders in the only publicly-listed bubble tea company in Taiwan should be resolved through UNCITRAL arbitration and administered by the Hong Kong International Arbitration Centre.

Veolia-Lithuania dispute heats up

Veolia-Lithuania dispute heats up

09 May 2017

UPDATED - French utility company Veolia has been threatened with €200 million of further claims in a Stockholm arbitration over the operation of a heating system in Lithuania’s capital, Vilnius – while a parallel €100 million ICSID claim brought by the company against the state continues.

Total and Sonatrach to drop ICC claims

Total and Sonatrach to drop ICC claims

08 May 2017

French energy company Total and Algeria’s national oil and gas producer Sonatrach have agreed to drop claims against one another that were being heard by two ICC tribunals seated in Geneva.

Annulled Pemex award can’t be enforced in Luxembourg

Annulled Pemex award can’t be enforced in Luxembourg

02 May 2017

In a decision at odds with French and US case law, a Luxembourg court has blocked the enforcement of a US$300 million ICC award against Mexican state oil and gas company Pemex that was set aside at the seat of arbitration.