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CAS president re-elected as all eyes on FIFA

Wednesday, 27 May 2015

John Coates, Nabil Elaraby, and Corinne Schmidhauser

The 20-strong governing body of the Court of Arbitration for Sport in Lausanne has re-elected Australian John Coates as its president for a second term, while Egypt's Nabil Elaraby and Switzerland’s Corinne Schmidhauser have been appointed to lead the arbitration and arbitration appeals divisions, respectively.

Petrobras and Ecuador square off in The Hague

Wednesday, 27 May 2015

The iconic Petrobras building in Rio de Janeiro

Brazilian state oil company Petrobras and its partners are pursuing an UNCITRAL claim against Ecuador over two Amazon oil projects that were nationalised five years ago.

ELP promotes practice head

Wednesday, 27 May 2015

Sumit Rai

Indian firm Economic Laws Practice has promoted Mumbai-based Sumit Rai – who has headed its international arbitration team since late last year.

Australian centre celebrates 30 years

Wednesday, 27 May 2015

Sydney

Lawyers gathered in Sydney recently for an event to celebrate the 30th anniversary of the Australian Centre for International Commercial Arbitration, ACICA.

Peru prevails in gas exports dispute

Tuesday, 26 May 2015

Camisea plant

An ICSID tribunal has ordered investors in Peru’s largest natural gas project to pay around US$65 million to a state agency to resolve a contractual dispute over export royalties.

Bank investor sues Cameroon at ICSID

Tuesday, 26 May 2015

Cameroon flag

Cameroon has been hit with a new claim at ICSID over a state-imposed bank restructuring – as its neighbour Equatorial Guinea sees the end of an unrelated conciliation procedure at the centre.

Lee & Ko hires new arbitration co-head

Tuesday, 26 May 2015

Robert Wachter

Seoul firm Lee & Ko has hired US national Robert Wachter from local rival Kim & Chang to be co-head of international arbitration with Sean Lim.

New ICSID claim against South Korea

Friday, 22 May 2015

The South Korean flag

South Korea is facing a new ICSID claim from two Dutch subsidiaries of an Abu Dhabi oil and gas investment company, as hearings kick off in Washington, DC to determine US private equity fund Lone Star’s US$4.6 billion claim against the state.

Miculas face delay in US enforcement effort

Friday, 22 May 2015

The district court in DC

A judge in Washington, DC, has refused to allow the expedited recognition of a US$250 million ICSID award against Romania – a decision that highlights the lack of uniformity in US court procedure for enforcing such awards.

Nabarro hires from Clyde & Co in Singapore

Friday, 22 May 2015

Steven Lim

Nabarro has hired international arbitration specialist Steven Lim, formerly of Clyde & Co Clasis, as head of its Singapore office.

Are arbitrations over cartels on the horizon?

Thursday, 21 May 2015

The claim was brought by members of the pulp and paper industry against suppliers of hydrogen peroxide for cartel activity

UPDATED. Practitioners are split in their reading of a European Court of Justice ruling that has a bearing on the use of arbitration to settle claims for damages brought by victims of unlawful cartel agreements, albeit it is not addressed explicitly.

Fair and equitable treatment – the “kitchen sink” behind the ISDS controversy?

Thursday, 21 May 2015

Is the FET standard a kitchen sink for disparate causes of action?

A session of the first GAR Live devoted to discussion of bilateral investment treaties, held in Washington, DC last month, highlighted how much of the controversy surrounding investor-state dispute settlement is caused by the fair and equitable treatment standard included in most treaties.

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