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A new era for the LCIA

Tuesday, 29 July 2014

A traditional red London bus drives past the London Eye

The London Court of International Arbitration has unveiled its new rules, which will come into force on 1 October.

Is Yukos great for the rule of law?

Tuesday, 29 July 2014

Mics

Counsel to the former majority shareholders in Yukos say it is great for the rule of law when a superpower like Russia is held accountable for treaty breaches by an independent tribunal. But what do others think of the record-breaking award?

The costs of Yukos

Tuesday, 29 July 2014

Money

As well as yielding the largest arbitration award in history, the nine-year Yukos proceedings notched up a remarkable US$124 million in legal fees and costs. GAR breaks down the numbers.

Yukos: the cast

Monday, 28 July 2014

Leading Men: Judge Stephen Schwebel, L Yves Fortier and Charles Poncet

While the final act – on enforcement – has yet to be played out, the US$50 billion award in favour of the former majority shareholders in Yukos brings the curtain down on a decade of legal drama. GAR takes a look at the arbitration's ensemble cast.

Yukos investors win record sum against Russia

Monday, 28 July 2014

Yukos

UPDATED: Russia has been ordered to pay more than US$50 billion to former majority shareholders in the defunct oil group Yukos, in the highest-value arbitration award of all time.

Ecuador held liable over tax on oil profits

Friday, 25 July 2014

Quito

An ICSID panel has upheld claims by Bahamian company Perenco over Ecuador’s 99 per cent tax on windfall oil profits, the state has announced.

Romania to file ICC claim against Italy’s Enel

Friday, 25 July 2014

Electrcty pylons

Romania has stated its intent to file an ICC claim against Enel over the privatisation of an electricity distribution company, as the Italian energy company announces plans to sell off assets.

ICC-YAF names new leaders

Friday, 25 July 2014

The ICC's new European Regional Coordinating Committee

The ICC International Court of Arbitration’s Young Arbitrators Forum has announced the names of the committee members who will coordinate its regional activities for the next two years.

Eversheds recruits from Winston

Friday, 25 July 2014

Matthew Page

Eversheds has added to its team in London with the hire of solicitor advocate Matthew Page, who joins from Winston & Strawn.

Will NHS case put arbitration under scrutiny?

Thursday, 24 July 2014

Danny Boyle's opening ceremony at the London 2012 Olympics paid homage to the NHS, Britain's taxpayer-funded free health service established in 1946

UPDATED. A case that could leave the UK's National Health Service with a £700 million bill looks set to raise questions about the use of arbitration to resolve disputes affecting the public purse.

Building group to sue over Qatar hospital

Thursday, 24 July 2014

The Sidra centre as it is expected to look

A Spanish-Egyptian joint venture is bringing an ICC claim against a Qatari state-backed entity over the cancellation of a €1.7 billion contract to build a medical centre in Doha.

New York court disqualifies arbitrator from BP and Statoil cases

Thursday, 24 July 2014

The Greater Kashagan field

In a case that raises questions over the correct application of federal and state law when it comes to setting aside arbitral awards, a New York state court has disqualified an arbitrator from two cases concerning the distribution of profits from a Kazakh oilfield.

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