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Pugachev convicted over funding of treaty claim

Pugachev convicted over funding of treaty claim

Premium article - 19 February 2016

Russian oligarch Sergei Pugachev has received a two-year prison sentence for contempt of court, with a UK judge ruling that a deal to fund his US$12 billion investment treaty claim against Russia was in breach of a worldwide freezing order.

“Poisoned waters”: Croatia’s stance on the Sekolec scandal

“Poisoned waters”: Croatia’s stance on the Sekolec scandal

Premium article - 19 August 2015

Correspondence shared with GAR sheds light on Croatia’s main argument why its border arbitration with Slovenia cannot continue – the risk that arbitrator Jernej Sekolec has introduced new facts and arguments into tribunal deliberations and the case record over a 13-month period, influencing his co-arbitrators’ decision-making.

What lies behind Italy’s ECT exit?

What lies behind Italy’s ECT exit?

Premium article - 29 July 2015

Italy will withdraw from the Energy Charter Treaty at the end of this year, it has emerged – becoming the second country after Russia to turn its back on the multilateral instrument. In a feature written in mid June and published in the latest magazine, GAR explores the reasons and the possibility that it will resume membership of the treaty in the future

The prince, the banks and the mystery arbitrations

The prince, the banks and the mystery arbitrations

Premium article - 12 June 2015

The High Court in London has upheld claims by three Middle Eastern banks that they were victims of a fraud involving an Arab prince and a seemingly fictional arbitral institution in Guinea.

Mourre resigns from Venezuela cases

Mourre resigns from Venezuela cases

Premium article - 15 April 2015

The incoming president of the ICC International Court of Arbitration, Alexis Mourre, has resigned from two ICSID panels hearing claims against Venezuela after being challenged over a disclosure about his professional ties.

Panel rules in Indonesian bank bailout case

Panel rules in Indonesian bank bailout case

Premium article - 18 December 2014

In an award that both sides are hailing as a victory, an UNCITRAL panel has found that Indonesia’s criminal prosecution of a Saudi investor breached international law but that his negligence in supervising a bailed-out bank means he is not entitled to treaty protection.

Malaysia prevails against Singapore

Malaysia prevails against Singapore

Premium article - 31 October 2014

Malaysia has won an inter-state dispute with Singapore at the Permanent Court of Arbitration in The Hague concerning a billion-dollar tax on land formerly occupied by Malayan Railways.

Brain tumour no ground for set aside

Brain tumour no ground for set aside

Premium article - 04 August 2014

A New York court has refused to set aside an arbitral award on the ground that the tribunal chair had failed to inform the parties he was suffering from a brain tumour.

The cost of Yukos

The cost of Yukos

Premium article - 29 July 2014

As well as yielding the largest arbitration award in history, the nine-year Yukos proceedings notched up a remarkable US$124 million in legal fees and costs. GAR breaks down the numbers.

Yukos investors win record sum against Russia

Yukos investors win record sum against Russia

Premium article - 28 July 2014

Russia has been ordered to pay more than US$50 billion to former majority shareholders in the defunct oil group Yukos, in the highest-value arbitration award of all time.