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Enforcement and Set-Aside

Award against Equatorial Guinea upheld in France

Award against Equatorial Guinea upheld in France

23 June 2017

Equatorial Guinea has lost an appeal over a €132 million ICC award in favour of Orange after France’s Court of Cassation rejected arguments that tribunal chair Horacio Grigera Naón’s role in another arbitration with the French telecoms group created a justifiable doubt as to his impartiality.

Yukos investors target Rosneft counsel with discovery requests

Yukos investors target Rosneft counsel with discovery requests

21 June 2017

UPDATED: The former majority shareholders in Yukos have asked the US courts to compel two lawyers, including a partner at Baker Botts, to produce evidence relating to allegations that Russia and its state-run oil company Rosneft manipulated the Armenian judiciary’s rulings in Yukos-related matters.

Canadian Supreme Court denies Kyrgyzstan creditors

Canadian Supreme Court denies Kyrgyzstan creditors

21 June 2017

Two investors may be at the end of their efforts to recover awards against Kyrgyzstan in Canada, after the Supreme Court refused to hear the appeal of a decision denying enforcement against shares held by state-owned enterprise Kyrgyzaltyn.

Eni seeks to enforce Nigerian oil award

Eni seeks to enforce Nigerian oil award

20 June 2017

Italy’s Eni and its partner in two oil blocks in the Niger Delta have applied to confirm a US$573 million award against the Nigerian National Petroleum Corporation – the latest in a series of enforcement actions the state entity faces in New York.

Canada defeats NAFTA award challenge

Canada defeats NAFTA award challenge

16 June 2017

A US court has upheld a NAFTA award that rejected a US renewable energy investor’s US$810 million claim against Canada, ruling that the tribunal’s deference to the Ontario authorities was not a manifest disregard of the law.

French court sows seeds of third-party challenges

French court sows seeds of third-party challenges

15 June 2017

In a potentially ground-breaking decision, Paris’s first instance court has allowed a third party to partially challenge the enforcement of a foreign arbitration award over the production and sale of sugar beet seeds.

Cape Verde award confirmed after no-show

Cape Verde award confirmed after no-show

14 June 2017

A US court has issued a default judgment confirming a Permanent Court of Arbitration award against Cape Verde after the African island state failed to appear.

Belgian court unfreezes Russian assets in Yukos case

Belgian court unfreezes Russian assets in Yukos case

09 June 2017

A Belgian court has ordered the lifting of attachments on Russian-owned real estate and bank accounts in Brussels that were frozen two years ago at the request of one of the former majority shareholders in Yukos.

New fronts open in Spanish solar battle

New fronts open in Spanish solar battle

23 May 2017

A British investment fund that won a €128 million Energy Charter Treaty award against Spain over renewable energy subsidies has applied to a US court to enforce it, as ICSID registers yet another claim against the state relating to reforms to that sector.

Amsterdam court weighs into Yukos battle

Amsterdam court weighs into Yukos battle

10 May 2017

An Amsterdam court has ruled that Russia unlawfully drove Yukos into bankruptcy, a decision that could have a bearing on the efforts of the oil company’s former majority shareholders to collect on their US$50 billion Energy Charter Treaty award against the state.