Premium article - 12 July 2016
In a statement today, China declared the award in the South China Sea arbitration to be “null and void” with “no binding force” and said that it would not accept or recognise the decision.
Premium article - 23 June 2016
Lithuania has failed in an attempt to secure almost US$2 billion in compensation, after a tribunal in Stockholm rejected arguments that Gazprom as the state's monopoly gas supplier charged “unfair prices”.
Premium article - 16 June 2016
Russian state-owned nuclear company Atomstroyexport has won €550 million plus interest from Bulgaria’s national electricity company, after a five-year-long dispute that went to ICC arbitration in Geneva.
Premium article - 05 May 2016
The Russian republic of Tatarstan has filed a US$300 million treaty claim against Ukraine over the state’s alleged complicity in the takeover of an oil refinery, as claims brought against Russia by Ukrainian investors in Crimea progress in The Hague.
Premium article - 04 May 2016
An arbitral tribunal in The Hague has ordered that an Italian marine detained in India for more than four years should be allowed to return home out of “considerations of humanity”, pending the outcome of a sensitive inter-state arbitration relating to the killing of two fishermen.
Premium article - 18 March 2016
Croatia has not attended the latest hearing in what it says is an irreversibly compromised border arbitration with Slovenia, instead pressing its position with the United Nations that the dispute should be resolved through bilateral talks.
Premium article - 22 February 2016
Ukraine’s national gas company has threatened to bring an investment treaty claim against Russia over the seizure of its assets in Crimea – adding to the list of disputes arising from the Russian annexation of the peninsula in 2014.
Premium article - 10 February 2016
An ICC tribunal has ordered the National Iranian Gas Company to grant a discount on the price of gas exports to Turkey, in the latest round of a multibillion-dollar dispute over a 25-year supply agreement.
Premium article - 07 December 2015
An ICC tribunal has ordered two Egyptian state entities to pay over US$2 billion to Israeli and Egyptian parties for terminating a gas supply agreement in the wake of the Arab Spring, as final awards are awaited in three related arbitrations.
Premium article - 08 October 2015
An oil discovery has reinvigorated a longstanding territory dispute between Venezuela and Guyana, with Guyana’s president calling on the International Court of Justice to rule on the validity of a 116-year old arbitral award.