• Search

Enforcement and Set-Aside

Yukos shareholder abandons cathedral crusade

Yukos shareholder abandons cathedral crusade

Premium article - 06 October 2016

UPDATED. One of the former majority shareholders in Yukos has withdrawn proceedings in a French court regarding attached land near the Eiffel Tower on which Russia has built a cathedral.

Qatar's top court enforces ICC award

Qatar's top court enforces ICC award

Premium article - 06 October 2016

Following a long annulment and enforcement saga, Qatar's Court of Cassation has said an ICC award should be enforced despite its holder's non-compliance with local requirements to certify and authenticate foreign official documents.

Kaufmann-Kohler cleared of conflict by US court

Kaufmann-Kohler cleared of conflict by US court

Premium article - 05 October 2016

Argentina has failed to set aside an investment treaty award on the basis of allegations that Swiss arbitrator Gabrielle Kaufmann-Kohler had a conflict of interests – as the state applies to ICSID to annul another award issued by the same arbitrators.

CMS arbitrator cleared of law firm network conflict

CMS arbitrator cleared of law firm network conflict

Premium article - 04 October 2016

The independence of a sole arbitrator at CMS in Zurich was not compromised as a result of counsel work undertaken by another firm in the CMS network, a Swiss court has ruled.

PDVSA affiliate fails to knock out Crystallex fraud suit

PDVSA affiliate fails to knock out Crystallex fraud suit

Premium article - 04 October 2016

A Delaware court has held that one of two subsidiaries of Venezuela’s national oil and gas company PDVSA must face claims that it assisted in the fraudulent transfer of US$2.8 billion of assets to help the Latin American state evade its ICSID creditors.

Yukos enforcement action stayed in DC

Yukos enforcement action stayed in DC

Premium article - 03 October 2016

A court in Washington, DC, has stayed an application by the former majority shareholders in Yukos to confirm and enforce their US$50 billion arbitral awards against Russia until after the appeal of a decision to set aside the awards in The Hague.

Singapore court reinstates treaty award against Laos

Singapore court reinstates treaty award against Laos

Premium article - 30 September 2016

In a closely watched case, Singapore’s highest court has upheld an UNCITRAL tribunal’s finding that Laos‘s bilateral investment treaty with China extends to Macao under the “moving treaty frontiers” rule.

Pemex requests rehearing in Commisa case

Pemex requests rehearing in Commisa case

Premium article - 28 September 2016

Mexico's national oil company Pemex has asked a US appeals court to reconsider a decision affirming the enforcement of a US$300 million award that was set aside at the Mexican seat of arbitration – as new counsel come on board to help the state draft an amicus brief.

DIAC opens in DIFC after new agreement on enforcement

DIAC opens in DIFC after new agreement on enforcement

Premium article - 27 September 2016

The Dubai International Arbitration Centre today launched a new office in the Dubai International Financial Centre, after an agreement last week provided for the smooth and fast enforcement of DIAC awards in the financial free zone.

English QC to appear for Lesotho in Singapore

English QC to appear for Lesotho in Singapore

Premium article - 08 September 2016

The Singapore High Court has allowed English barrister Samuel Wordsworth QC to appear on behalf of Lesotho in its efforts to set aside an investment treaty award that held the southern African state liable for a denial of justice.