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The Miculas are back

Friday, 21 November 2014

The Miculas

Twin brothers Ioan and Viorel Micula – who won a US$250 million ICSID award against Romania in 2012 – have filed a fresh claim over its failure to police the alcohol black market, while the state also faces new claims under the Energy Charter Treaty.

DIFC Court of Appeal upholds expanded jurisdiction

Friday, 21 November 2014

The Meydan Hotel, Dubai

The Court of Appeal of the Dubai International Financial Centre has confirmed that an award arising from a hotel management dispute with no connection to the financial freezone can be enforced there.

Judge arbitrators: curse or cure?

Friday, 21 November 2014

Jagusch, a career arbitrator

Judge arbitrators have a bad image but in fact provide a much-needed antidote to weak career arbitrators, who are the true curse of the arbitral process, argued Stephen Jagusch at an event in London.

GAR Live Dubai tackles enforcement in the region

Thursday, 20 November 2014

The opening GAR Live panel (on enforcement)

Practitioners from Bahrain, Egypt, Qatar, Saudi Arabia and the United Arab Emirates spoke at the first GAR Live Dubai – tackling enforcement of arbitral awards in the region among other sensitive issues.

IBM lawsuit stayed in favour of ICC claim

Thursday, 20 November 2014

ibm

A US court has stayed Mexican telecoms company Iusacell’s US$2.5 billion lawsuit against IBM pending the outcome of an ICC arbitration in Mexico City.

Co-arbitrators give verdict on Griffith’s funding comments

Thursday, 20 November 2014

Gavan Griffith SC was appointed to the tribunal by St Lucia

GAR has obtained a copy of the decision declining to disqualify Australian arbitrator Gavan Griffith QC from an ICSID case against St Lucia over views he expressed that claimants backed by third-party funders should be liable for security for costs in investor-state cases.

Third Argentine bond case gets go-ahead

Wednesday, 19 November 2014

Flag

For the third time in ICSID’s history, a tribunal has ruled that claims relating to Argentina’s sovereign debt default of 2001 can proceed to a hearing on the merits.

Edison-Gazprom pricing dispute at an end

Wednesday, 19 November 2014

Edison

Italian energy utility Edison has won a third of the amount it sought in a gas pricing dispute with Russia’s Gazprom.

The courts are partners not competitors, says Hwang

Wednesday, 19 November 2014

Michael Hwang SC

In speeches given at Sydney and Dubai Arbitration Weeks, Michael Hwang SC has addressed the potential of the courts of the Dubai International Financial Centre and the planned Singapore International Commercial Court to complement international arbitration and vice versa.

Skadden hires Dechert’s London practice head

Tuesday, 18 November 2014

Daniel Gal

Skadden Arps Slate Meagher & Flom has recruited the head of Dechert’s international arbitration practice in London, Daniel Gal.

Freezing order denied in Mumbai slum dispute

Tuesday, 18 November 2014

The dispute concerned a joint venture to develop slum land in Mumbai

The English High Court has refused to grant a freezing order against subsidiaries of Indian real estate developer Unitech to aid enforcement of a US$350 million award against their parent company.

CAS governing body welcomes new members

Tuesday, 18 November 2014

New ICAS members

The International Council of Arbitration for Sports, the 20-strong governing body of the Court of Arbitration for Sport in Lausanne, has elected eight new members who will oversee the administration and finances of the court and appoint arbitrators to resolve disputes at sporting events such as the Olympics and Commonwealth Games.

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