Premium article - 14 March 2017
An English court has upheld an ICC award won by an Afghan contractor in a dispute over a power station near Kabul’s international airport – while criticising a “wholly inappropriate” e-mail that one of the arbitrators sent to the party that appointed him.
Premium article - 06 March 2017
A Canadian mining company has applied to a US court to enforce a US$25 million investment treaty award against Ecuador – as the state seeks to overturn the award in the Dutch courts.
Premium article - 01 March 2017
The UK Supreme Court has overturned a ruling requiring Nigeria’s national oil company to provide security as a condition of challenging the enforcement of a US$340 million award – in a decision with major consequences for the relationship between the New York Convention and national laws.
Premium article - 23 February 2017
A Paris court has set aside an award against Kyrgyzstan issued by a Jan Paulsson-led tribunal, after ruling that the bank at the heart of the dispute had been established by Latvian businessman Valeri Belokon to facilitate money-laundering.
Premium article - 20 February 2017
A Spanish energy company has applied to a US court to set aside an UNCITRAL award rejecting its claim against a Caribbean liquid natural gas producer – accusing the tribunal of making it “procedurally impossible” for the company to prevail.
Premium article - 13 February 2017
The French Court of Cassation has said that a subsidiary of French group NCT Necotrans is liable to pay Guinea’s unpaid fees from their OHADA arbitration – ruling that the parties still have liability to jointly pay costs even though the institutional rules are silent on the issue.
Premium article - 10 February 2017
In the latest ruling in the Yukos saga, a French first instance court has lifted an attachment on debts owed to Russian state-owned aerospace companies by their French counterpart, Arianespace.
Premium article - 06 February 2017
Columbia Law School professor George Bermann finds positive and troubling aspects in a recent Second Circuit decision that gave a group of Brazilian companies a second chance to pursue enforcement of an ICC award against alleged alter egos of the award debtor.
Premium article - 03 February 2017
The UK Supreme Court has heard an appeal by Nigeria’s national oil company against a requirement that it provide security as a condition of challenging the enforcement of a US$340 million award –raising key questions about the interplay of UK procedural law and the New York Convention.
Premium article - 30 January 2017
Switzerland’s top court has upheld an LCIA award rejecting a US$130 million claim against a Jordanian state-owned fund after finding that the underlying share purchase deal was fraudulent– as it emerges that related ICSID and UNCITRAL claims have been discontinued.