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.
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.
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
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.
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.
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.
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.
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.
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.
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.