Premium article - 10 February 2016
An ICC tribunal has ordered the National Iranian Gas Company to grant a discount on the price of gas exports to Turkey, in the latest round of a multibillion-dollar dispute over a 25-year supply agreement.
Premium article - 09 February 2016
The High Court in London has criticised insolvent Brazilian oil and gas company OGX for seeking to frustrate an LCIA arbitration by means of an application to have a Brazilian court-approved reorganisation plan recognised in the UK.
Premium article - 07 December 2015
An ICC tribunal has ordered two Egyptian state entities to pay over US$2 billion to Israeli and Egyptian parties for terminating a gas supply agreement in the wake of the Arab Spring, as final awards are awaited in three related arbitrations.
Premium article - 02 December 2015
An Ecuadorean port authority has won a claim against subsidiaries of Hong Kong conglomerate CK Hutchison Holdings over a terminated concession – with the tribunal chair dissenting from his co-arbitrators’ decision to extend liability to parties that never signed the contract.
Premium article - 13 October 2015
Four of Ukraine’s wealthiest businessmen have settled an LCIA dispute over a ferroalloys venture that has also given rise to an acrimonious US$2 billion litigation before the High Court in London.
Premium article - 02 September 2015
An appeal court in Sydney has affirmed that a UAE award against an Australian designer of airport facilities can be partly enforced, even though a portion of the award breached natural justice.
Premium article - 15 May 2015
UPDATED. Poland’s state gas utility PGNiG has brought another price review claim against Gazprom – as more of the cast list for two high-value SCC arbitrations between the Russian energy company and Ukraine’s Naftogaz comes to light.
Premium article - 24 April 2015
A haul of internal Sony e-mails published by WikiLeaks has revealed the cast list for an ICC arbitration in Singapore concerning media rights for Indian Premier League cricket.
Premium article - 10 April 2015
China’s largest company has been hit with a US$1.8 billion claim filed by a Canadian energy company over alleged breaches of an agreement to mine coalbed methane in the north west of China.
Premium article - 15 January 2015
US financial services provider Citigroup has again failed to prevent a UAE sovereign wealth fund from bringing a second arbitration over a US$7.5 billion investment.