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Should funded claimants have to pay security?

Monday, 1 September 2014

Griffith likened third-party funders to "mercantile adventurers"

Australian arbitrator Gavan Griffith QC’s contention that third-party funded claimants should be expected to post security for costs in investment treaty cases has received a mixed reaction from funders, counsel and academics.

Turkmenistan moves to annul ICSID award

Monday, 1 September 2014

The  Ertugrul Gazi Mosque in the Turkmen capital of Ashgabat

Turkmenistan has applied to annul an ICSID award rendered last month in favour of a German national, arguing that the tribunal strayed beyond its mandate.

Ex-Freshfields lawyer joins London set

Monday, 1 September 2014

Mark Wassouf

London’s Doughty Street Chambers has welcomed a former member of Freshfields Bruckhaus Deringer’s public international law team who is also collaborating with Three Crowns.

Orange wins claim against Equatorial Guinea

Friday, 29 August 2014

Future's bright

French telecoms group Orange has won substantial damages in an ICC claim against Equatorial Guinea concerning a joint venture, GAR has learned.

EU sets out framework for handling cases

Friday, 29 August 2014

The regulation is published in the EU's official journal

The European Union has published rules on the future handling of investor-state disputes arising from agreements it has negotiated, including who should defend its own and member state interests and how adverse awards and costs will be allocated.

New Ukraine counsel on board for Tatneft challenge

Friday, 29 August 2014

Ukraine

Ukraine has applied to set aside a US$112 million investment treaty award in favour of Russian oil company Tatneft, instructing new counsel for the challenge.

Beechey to step down from ICC role

Thursday, 28 August 2014

John Beechey

The ICC International Court of Arbitration is searching for a new president to replace John Beechey, who will retire from the role next year.

Unbuilt Indian townships lead to ICC claim

Thursday, 28 August 2014

Turner CEO Nicholas Billotti and Sahara chairman Subrata Roy announcing the joint venture in 2012

One of the US’s largest construction groups is pursuing an ICC claim over the failure of a joint venture to build a series of townships in India.

Czech Republic declares end to blood plasma saga

Thursday, 28 August 2014

Diag supplied blood plasma

The Czech Republic says an arbitral review process has brought an end to an 18-year dispute with blood plasma supplier Diag Human – but the parties have issued conflicting statements about the outcome.

US defeats another pharma claim

Wednesday, 27 August 2014

pills

Canada's largest pharmaceutical company, Apotex, has lost another NAFTA claim against the United States – this time concerning a ban on products from two of its facilities.

LCIA arbitrator backtracks in Ukraine mall dispute

Wednesday, 27 August 2014

Sky Mall, Kiev

A sole arbitrator at the LCIA has upheld a company’s right to acquire control of a Ukrainian shopping centre, after the English High Court invited him to reconsider an earlier finding.

Canadian firm recruits former UN human rights official

Wednesday, 27 August 2014

Louise Arbour

A former United Nations high commissioner for human rights who led the prosecution of Serbian president Slobodan Milosevic has joined Borden Ladner Gervais as counsel in Montreal.

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