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Ukraine’s Privatbank faces multiple claims over bail-in

Ukraine’s Privatbank faces multiple claims over bail-in

18 May 2017

Noteholders in recently nationalised Ukrainian bank Privatbank are filing multiple claims against the bank after they were subjected to a “bail-in” to save it last year.

A year of the Pledge: new data on women arbitrators

A year of the Pledge: new data on women arbitrators

18 May 2017

The percentage of women appointed as arbitrators by institutions in 2016 was, on average, around 17%, up from the 2015 average of 12% and a considerable improvement on the position four years ago, says Houston-based arbitrator Lucy Greenwood in research released to mark the first anniversary of the Equal Representation in Arbitration Pledge.

Ecuador bids goodbye to BITs

Ecuador bids goodbye to BITs

17 May 2017

In one of his last acts as president of Ecuador, Rafael Correa has formally terminated the country’s remaining bilateral investment treaties – as the commission that recommended their termination makes its findings public.

Asymmetric disputes clause upheld in Singapore

Asymmetric disputes clause upheld in Singapore

17 May 2017

The Singapore Court of Appeal has confirmed the validity of an asymmetric arbitration clause, upholding a party’s unilateral right not to arbitrate a dispute over marine engineering works near the Indian Ocean Island of Diego Garcia.

Vodafone files second tax claim against India

Vodafone files second tax claim against India

17 May 2017

Vodafone has filed a second multibillion-dollar investment treaty claim against India over liability for a retroactive tax on a deal to buy out its Indian business partner – while a first arbitration over the same tax bill continues.

LCIA names new court members

LCIA names new court members

17 May 2017

In a second announcement stemming from its Tylney Hall meeting last weekend, the LCIA has named new court members and two new vice presidents.

At last a new law for the UAE?

At last a new law for the UAE?

17 May 2017

The United Arab Emirates appears to be on the verge of enacting a new arbitration law based on the UNCITRAL Model Law and compliant international standards – while a controversial article of the country's penal code that allowed arbitrators to be imprisoned for showing bias looks set to be amended.

ECJ says member states must sign off on ISDS

ECJ says member states must sign off on ISDS

16 May 2017

The European Court of Justice has found that an EU trade agreement providing for investor-state dispute settlement must be ratified individually by member states – a ruling that one arbitration practitioner says has effectively “destroyed” the EU’s hopes for a new generation of trade deals that include investment protection.

ArcelorMittal threatens claim against Bosnia

ArcelorMittal threatens claim against Bosnia

16 May 2017

UPDATED. Luxembourg-based steelmaker ArcelorMittal has threatened to file a claim against Bosnia and Herzegovina over government plans to sell an interest in a mining joint venture to a competitor.

New leaders at ICDR under-40 group

New leaders at ICDR under-40 group

16 May 2017

The International Centre for Dispute Resolution’s under-40 group has announced new members for its executive and advisory boards.