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Python partners join Bär & Karrer

Python partners join Bär & Karrer

28 September 2016

After nearly two decades with Python & Peter, leading Swiss practitioner Pierre-Yves Gunter is to co-head the international arbitration team at Bär & Karrer in Geneva, taking partner Alexandra Johnson with him.

Pemex requests rehearing in Commisa case

Pemex requests rehearing in Commisa case

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.

Mauritius faces claim over UNESCO-influenced planning policy

Mauritius faces claim over UNESCO-influenced planning policy

28 September 2016

Mauritius is facing its second investment treaty case after UK real estate investors filed an ICSID claim over changes to planning policy linked to the nomination of a new UNESCO World Heritage Site in a mountainous region that used to be a refuge for runaway slaves.

Lazareff Le Bars promotes Greek counsel

Lazareff Le Bars promotes Greek counsel

28 September 2016

Paris boutique Lazareff Le Bars has promoted Greek practitioner Athina Fouchard Papaefstratiou to counsel.

Barbados defeats treaty claim over wetlands

Barbados defeats treaty claim over wetlands

28 September 2016

An UNCITRAL tribunal seated in The Hague has dismissed a US$26 million investment treaty claim against Barbados brought by a Canadian businessman who alleged the Caribbean island state had failed to take environmental measures to protect his nature sanctuary.

Portugal threatened with first treaty claim

Portugal threatened with first treaty claim

27 September 2016

A Mexican company has threatened to bring a €42 million investment treaty claim against Portugal over a cancelled deal to privatise part of Lisbon’s public transport system.

Fund manager avoids UAE extradition over Venezuelan award

Fund manager avoids UAE extradition over Venezuelan award

27 September 2016

A London executive accused of embezzling the proceeds of an arbitral award against a Venezuelan state entity will not be extradited to the United Arab Emirates, after British prosecutors said there was insufficient evidence against him.

Chevron and KBR want jetty claims jettisoned

Chevron and KBR want jetty claims jettisoned

27 September 2016

An Australian contractor’s claims of US$1.5 billion relating to the construction of a jetty for one of the world’s largest natural gas projects should be heard in arbitration rather than litigation, Chevron and KBR have told the US courts.

DIAC opens in DIFC after new agreement on enforcement

DIAC opens in DIFC after new agreement on enforcement

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.

ICSID panel has second thoughts in Tanzanian case

ICSID panel has second thoughts in Tanzanian case

26 September 2016

For the first time in ICSID’s history, a tribunal has reconsidered one of its decisions after finding it had been misled in a dispute over a Tanzanian power plant.

Australia fails to halt conciliation with East Timor

Australia fails to halt conciliation with East Timor

26 September 2016

A commission at the Permanent Court of Arbitration has ruled that it is competent to hear a compulsory conciliation proceeding launched by East Timor to resolve a maritime border dispute with Australia.

Big Sky makes big threat against Kazakhstan

Big Sky makes big threat against Kazakhstan

26 September 2016

US corporation Big Sky Energy has threatened a treaty claim against Kazakhstan after losing its investment in an oil field developer to the original Kazakh shareholders in a series of court proceedings in the CIS state that it describes as “preposterous” and "farcical".