16 January 2017
*UPDATED* Two ICSID cases filed against Argentina a decade ago have come to an end, with a German company seeing the bulk of its US$157 million claim dismissed in one case, as the state escapes damages entirely in another claim by two Spanish water companies.
14 November 2016
A US investor that lost a treaty claim against Peru over environmental pollution by failing to observe a waiver requirement will not have to bear the state’s legal and arbitration costs, an UNCITRAL tribunal has ruled.
Premium article - 28 October 2016
After a finding of liability two years ago, an UNCITRAL tribunal chaired by Lord Hoffmann has ordered the Maldives to pay US$270 million to Indian infrastructure group GMR for cancelling a concession to modernise the country’s largest international airport.
Premium article - 03 August 2016
A quick guide to calculating economic damages in commercial arbitrations The key driver of international commercial arbitrations is almost always the claimant’s desire to recover damages – to a greater degree even than in disputes in the domestic courts. Therefore the quantum element of arbitrations usually requires three things: expert knowledge of the relevant law, expert knowledge of accounting principles (which tend to be similar whichever jurisdiction one is in), and precise quantification of the damages sought.