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Kim to chair Korean centre

Kim to chair Korean centre

20 June 2017

Bae Kim & Lee's Kap-You (Kevin) Kim has been named as the first chair of the Korean Commercial Arbitration Board’s international arbitration committee.

Dark and light mood music

Dark and light mood music

20 June 2017

In response to Gary Born's call on practitioners to defend themselves against “an army of the undead” with “wildly wrong” perceptions about investor-state arbitration, John Beechey has argued in a speech in the British Virgin Islands that it may be too late to change the course of the debate.

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.

New leaders for CIArb’s under-40 group

New leaders for CIArb’s under-40 group

19 June 2017

The Chartered Institute of Arbitrators’ Young Members Group has named five new members to its steering committee.

Argentine road deal paves way for ICSID settlement

Argentine road deal paves way for ICSID settlement

19 June 2017

Spanish infrastructure group Abertis has agreed the preliminaries of a deal with Argentina over a toll-road concession that could lead to the settlement of claims pending before an ICSID tribunal.

Venezuela agrees new terms with ICSID creditor

Venezuela agrees new terms with ICSID creditor

19 June 2017

Canadian mining company Gold Reserve has received US$40 million from Venezuela in partial satisfaction of an ICSID award, after agreeing new settlement terms that will see the investor receive more than US$1 billion in the next two years.

Could Brexit trigger investment claims?

Could Brexit trigger investment claims?

19 June 2017

UPDATED. As Brexit negotiations get underway in Brussels, GAR reports on a debate in London on whether the UK’s exit from the European Union could trigger viable investment arbitration claims against the state.

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.

No security for Micula brothers

No security for Micula brothers

16 June 2017

The High Court in London has refused for the time being to order Romania to pay security pending a stay of enforcement of a £173 million ICSID award in favour of Swedish brothers Viorel and Ioan Micula – while giving them permission to appeal the stay.

Is it time to end confidentiality by default?

Is it time to end confidentiality by default?

16 June 2017

“Secrecy is a habit, not a need”, Ben Juratowitch QC of Freshfields Bruckhaus Deringer in Paris has argued at a seminar in London – it’s time to make arbitral awards public as the default position, unless, after hearing from the parties, the tribunal rules otherwise.