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Commercial Arbitration

ICC rules prevail over “umpire” provision in Singapore

ICC rules prevail over “umpire” provision in Singapore

03 November 2017

A Singapore court has ruled that an ICC tribunal was properly constituted, even though the arbitration agreement provided that the third arbitrator “shall act as an umpire” rather than a tribunal president.

World’s largest ad agency brings claim against Japanese partner

World’s largest ad agency brings claim against Japanese partner

03 November 2017

British advertising agency WPP has launched an arbitration in Japan against its long-term local partner Asatsu-DK amid a dispute over a US$1.35 billion bid by Bain Capital to take over the Japanese company.

Tata pays out on billion-dollar LCIA award

Tata pays out on billion-dollar LCIA award

31 October 2017

Japanese telecoms company NTT Docomo says it has received a US$1.28 billion payment from India’s Tata Sons to satisfy an LCIA award relating to a short-lived internet services partnership.

Indian advocate admitted for Singapore set-aside

Indian advocate admitted for Singapore set-aside

31 October 2017

Harish Salve SA of Blackstone Chambers in London has been granted permission to appear in the Singapore courts on behalf of an Indian pharmaceutical group seeking to set aside a US$550 million ICC award – the first time that the city-state has admitted a foreign lawyer from outside the English bar.

From a thousand to three - Russia's slash in arbitral institutions‎

From a thousand to three - Russia's slash in arbitral institutions‎

30 October 2017

On 1 November, the number of arbitral institutions allowed to administer international commercial arbitrations in Russia is set to be slashed from more than a thousand ‎to just three. What will this mean for the jurisdiction?

Desert Line secures damages from Oman in Muscat-seated cases

Desert Line secures damages from Oman in Muscat-seated cases

24 October 2017

Desert Line Projects – the construction company that famously won moral damages in an ICSID case against Yemen – has been paid around US$22 million plus interest by Oman following two Muscat-seated ICC cases over the building of a ring road and the expansion of the state’s main airports.

Transparency grows as confidentiality diminishes?

Transparency grows as confidentiality diminishes?

18 October 2017

The Mauritius Convention’s entry into force today triggered a discussion at the UNCITRAL Asia-Pacific Judicial Summit in Hong Kong about the growing importance placed on transparency in investor-state arbitration and lessening emphasis on confidentiality by private parties.

English court upholds LCIA award in oligarch joint venture dispute

English court upholds LCIA award in oligarch joint venture dispute

13 October 2017

The English Commercial Court has dismissed a challenge to a US$300 million LCIA award issued in a joint venture dispute between Ukrainian-Russian oligarchs, ruling that it did not contain serious irregularity.

Australian court issues "aberrant" decision on subpoenas?

Australian court issues "aberrant" decision on subpoenas?

12 October 2017

In what has been labelled an "aberrant" decision, an Australian court has refused Samsung leave to issue subpoenas in support of a Singapore-seated arbitration over an iron ore mine in western Australia.

Greece ordered to pay in first of three shipyard claims

Greece ordered to pay in first of three shipyard claims

06 October 2017

An ICC tribunal has ordered Greece to pay more than €200 million to the operator of one of the country’s largest commercial shipyards – while a second ICC case and an ICSID case continue.